New Delhi, Aug. 12 -- String Metaverse share price was locked in a 5% upper circuit on Wednesday, 12 August, even as the broader Indian stock market remained under pressure amid rising crude oil prices and caution ahead of key inflation data from India and the US.

The Nifty 50 was down 0.62% at 24,325 . 70, while the Sensex declined 0.68% to 77,623.79 as of 14:31 IST.

String Metaverse reported a strong performance for the June quarter of FY27, with revenue nearly doubling year-on-year and profit more than doubling. Revenue for Q1 FY27 rose 97.13% year-on-year to Rs.392.42 crore, compared with Rs.199.07 crore in the corresponding quarter of FY26.

Profit after tax (PAT) surged 101.80% year-on-year to Rs.36.92 crore from Rs18.30 crore a y...