Small-cap stock Standard Engineering edges higher despite stock market sell-off
New Delhi, May 15 -- Standard Engineering Technology, a small-cap stock with a market capitalisation of Rs.2,719 crore, closed Friday's trade on May 15 with gains of 1.75% at Rs.136.60 apiece, defying the weak broader market trend.
The gains came after the company reported its highest-ever quarterly and full-year financial performance for Q4FY26 and FY26, while also delivering on its stated guidance for the year.
For the March-ending quarter, the company reported total income of Rs.231 crore, registering a strong 34.97% year-on-year growth. EBITDA stood at Rs.36 crore, up 26% YoY, while EBITDA margin came in at 15.4%, while profit after tax (PAT) increased 26.33% to Rs.21 crore, with a PAT margin of 9%.
The performance was supported by...
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