20% Upper Circuit: Rays of Belief Stock Skyrockets After Announcing Strong Q1 Results
India, Sept. 29 -- This Newly Listed Stock, engaged in providing personalised intervention, developmental care and support services for children with neurodevelopmental disorders through its specialised centres and home-based programmes, hit a 20 percent upper circuit after the company reported June quarterly results with a 136.32 percent YoY increase in revenue.
With a market capitalization of Rs. 532.99 crores, the shares of Rays of Belief Limited hit a 20 percent upper circuit of Rs. 267.60 per share on Tuesday, up from its previous closing price of Rs. 223 per share. Since then, the stock has retreated and is currently trading at Rs. 253 per equity share.
Q1 FY27 Result Walkthrough
Looking at the quarterly results of Rays of Belie...
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