India, Oct. 11 -- Small-cap stock has emerged as one of the better-performing in the electrical equipment space. The stock has gained nearly 300% over the past year, helped by a sharp improvement in its financial performance. With exports growing strongly and margins improving, the company is also expanding its capacity and entering composite insulators.

Shares of Modern Insulators closed at Rs540.25, up 4.99% from the previous close of Rs514.55, which is also the upper price band for the day. The stock has a 52-week high of Rs579.00 and a low of Rs113.69, with a market cap of Rs2,547 crore and a P/E of 27.45.

Strong Q1 FY27 numbers The latest quarterly performance provides the clearest reason behind the market's interest. Modern Insul...