This Small-Cap Stock, April 8 -- engaged in manufacturing long and flat stainless steel products, supplying raw materials to industries like automotive, aerospace, oil and gas, jumped 3.55 percent after the company repaid its entire Rs. 96 crore loan and becomes a debt-free company.

With a market capitalization of Rs. 1,037.07 crores, the share of Rajputana Stainless Limited has reached an intraday high of Rs. 127 per equity share, rising nearly 3.55 percent from its previous day's close price of Rs. 122.65. Since then, the stock has retreated and is currently trading at Rs. 124.10 per equity share.

Reason Behind the Surge

Rajputana Stainless Limited has achieved an important milestone by becoming completely debt-free on April 8, 2026....