New Delhi, Feb. 5 -- Small-cap stock under Rs.50 Sudarshan Pharma share price hit its 10% upper circuit of Rs.23.10 on Thursday, February 5 despite weakness in the Indian stock markets. Both benchmark indices, Sensex and Nifty 50 fell around half a percent following weakness in global peers amid concerns regarding AI-led disruptions in the technology sector.

Today is the second straight session of upper circuit and the third straight session of gains for the small-cap stock. The stock hit its 5% upper circuit of Rs.21 yesterday, February 4. Overall in 3 sessions, the scrip has advanced over 17%.

However, it has been under pressure in the recent past. The pharma stock has tumbled over 40% in last 1 year, 24% in past 6 months, 19% in last...