15% return in week! Small cap under Rs.50 hits 4th upper circuit - What's next for investors? Q2, stop loss, target
New Delhi, Oct. 29 -- Shares of SC Agrotech Limited hit upper circuit during Thursday's intraday trading session , building on to gains made over the past few trading sessions. The small cap stock has surged nearly 15% over the last one week.
The sharp rally in the agricultural products came amid investors' enthusiasm regarding the corporate earnings announcement by SC Agrotech Limited.
Rally in the small cap stock has helped it to 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 stop loss for SC Agrotech Limited at Rs.34 per share and the scrip may see resistance near Rs.39....
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