New Delhi, Sept. 28 -- SMC Global Securities share price jumped 18% on Monday, 28 September, hitting a fresh 52-week high even as the broader stock market witnessed a sharp sell-off.

The stock has been in focus in the recent sessions, after the company acted as a market maker for SME IPOs, including Kheria Autocomp, as well as the recently concluded S.K. Offset IPO, which closed on Friday, 25 September.

SMC Global Securities said it acted as a market maker in the initial public offering of Kheria Autocomp Ltd and, along with persons acting in concert (PACs), acquired 16,75,200 equity shares, representing 10.57% of the company's total equity share capital or voting rights.

Under the market maker reservation portion, 2,30,400 equity shar...