Smallcap Stock Under Rs 50 Jumps Over 8%; Extends Winning Streak For Fourth Straight Session
Shares of Sindhu Trade Links Ltd surged more than 8% during Friday’s trading session, extending gains for the fourth consecutive session as buying interest continued in the small-cap counter. The...
Shares of Sindhu Trade Links Ltd surged more than 8% during Friday’s trading session, extending gains for the fourth consecutive session as buying interest continued in the small-cap counter.
The stock climbed as much as 8% intraday to around ₹28 per share on the BSE before trimming some gains. At around 12:35 pm, the stock was trading over 6% higher at ₹27.83 apiece.
The rally has added to the stock’s recent momentum. Sindhu Trade Links has gained approximately 16% over the last four trading sessions, while its one-month return stands at nearly 8%. Over the past three months, the stock has rallied 28%, and it has advanced around 40% in the last six months. Despite the recent rebound, the stock has remained down about 6% over the past year.
