New Delhi, June 16 -- Sudarshan Pharma Industries share price gained over 2% to hit a 52-week high on Tuesday after the company announced a fundraising proposal. The small-cap stock extended its gaining streak to seventh consecutive session and rose as much as 2.23% to a fresh high of Rs.38.00 apiece on the BSE.

However, Sudarshan Pharma shares witnessed selling pressure at higher levels and succumbed to profit booking to trade lower.

Sudarshan Pharma Industries informed that the meeting of its Board of Directors is scheduled to be held on 18 June 2026, Thursday, to consider and approve a proposal for raising of funds.

The funds are proposed to be raised by way of issue of one or more of instruments comprising equity shares, convertibl...