New Delhi, July 23 -- Shares of small-cap Vellora Impact were locked in a 20% upper circuit in Thursday's trade, 23 July, defying the weak market trend as the strong buying stemmed after the company reported a sharp turnaround in the June quarter, driven by a strong contribution from its agriculture business.

The company posted a net profit of Rs.7.90 crore, compared with a net loss of Rs.2.11 crore in the corresponding quarter last year. Sequentially, profit also surged from Rs.0.21 crore reported in the March 2026 quarter.

The company's revenue from operations soared to Rs.141.92 crore during the quarter, a massive jump from Rs.1.17 crore in the preceding March quarter and Rs.1.17 crore in the year-ago period.

As there was no other i...