New Delhi, Nov. 12 -- A small-cap auto component stock that spent years delivering muted revenue growth is now attracting fresh investor attention after a sharp rally, stronger quarterly earnings and a bullish brokerage initiation. Rolex Rings shares climbed around 4% to a fresh 52-week high of Rs.216.55 on Thursday, November 12, taking their one-year gains to 86%.

The company has also reported a 67.5% jump in September-quarter net profit, while experts also have an optimistic outlook on the stock.

The brokerage believes the company is entering a new operating upcycle, backed by recovering export demand, European business opportunities and improving domestic demand. But after the stock's sharp run-up, how much further upside does the br...