MSTC share price, Nov. 13 -- MSTC shares surged 20% on Friday, November 13, after the government-owned company reported strong financial performance for the September 2026 quarter, with net profit rising 57.73% year-on-year (YoY) and revenue increasing 29.41%. The stock climbed to an intraday high of Rs.783.65 on the BSE, moving closer to its 52-week high following the earnings announcement.

The company's investor presentation also highlighted record quarterly and half-yearly profitability since its stock market listing in March 2019. Growth in its e-commerce business, higher operating earnings and several significant business developments supported its performance.

MSTC reported net profit of Rs.74.92 crore in Q2 FY27, compared with Rs...