India, July 23 -- India's surveillance industry has entered a new phase, shaped by government certification mandates and a broader push toward domestically made electronics. One small-cap player has used this shift to post some of the fastest growth in the sector, though it remains a fraction of the size of the market leader. Here's how the story stacks up.

With a market capitalization of around Rs. 928 crore, shares of Prizor Viztech were trading around Rs. 860 apiece, within a 52-week range of Rs. 899 to Rs. 183.5, at a P/E of approximately 48x.

Riding India's Fast-Growing Surveillance Opportunity India's surveillance industry is expanding quickly, driven by smart city rollouts, rising security spending, growing AI adoption, and the g...