Small-cap stock under ₹50: Shares of SC Agrotech Limited hit the upper circuit during Thursday’s intraday trading session , building on gains made over the past few trading sessions. The small-cap stock has surged nearly 15% over the last week.
The sharp rally in agricultural products came amid investor enthusiasm following the corporate earnings announcement by SC Agrotech Limited.
SC Agrotech Limited share price rallies 15% in week: Will the rally continue?
The rally in the small-cap stock has helped it break a key resistance point amid optimism around the Q2FY27 result announcement, highlighted Mahesh M Ojha, VP-Research and Business Development at KC Securities.
According to the expert, investors may consider a stop-loss for SC Agrotech Limited at ₹34 per share, and the scrip may see resistance near ₹39.80 per share. A sustained breakout from that mark would help SC Agrotech stock find support near ₹42 per share. Investors can consider profit booking after ₹45 apiece, as per the expert.
SC Agrotech Limited Q2 results
SC Agrotech Limited’s net profit zoomed to ₹1,021.01 lakh in Q2FY27 against a net profit of ₹21.21 crore reported in Q2FY26. Its net profit stood at ₹955.90 lakh in Q1FY27. The company’s net revenue from operations surged to ₹4,525.94 crore during the quarter under review, up from ₹501.69 lakh.
SC Agrotech Limited share price trend
The stock hit back-to-back upper circuits twice during Thursday’s intraday session, following a similar double upper-circuit move in the previous trading session.
SC Agrotech Limited share price was trading 5% higher at ₹37.38 per share with a market capitalisation of ₹284.07 crore at 1:44 pm. The stock has delivered a 15% return over the past week. Its share price has surged by 25% over six months and 116% over one year.
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