Small-cap stock under Rs.50 hits upper circuit for twelve straight session. Do you own?
New Delhi, May 3 -- AVI Polymers share price has been hitting upper circuit for twelve sessions straight. The stock has risen over 88% from an intraday low of Rs.10.61 recorded on April 15, 2026, supported by exceptionally strong trading activity, with volumes exceeding 8.21 crore shares during the period.
The strong rally in the AVI Polymers share price came after a significant development at the promoter level. On April 29, 2026, the company received formal communication from its Promoter and Promoter Group indicating their plan to acquire up to 5% of the company's paid-up equity share capital via open market purchases. This phased acquisition signals robust promoter confidence in the company's growth outlook and valuation.
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