Shares of Vaibhav Global rallied about 13% after the company reported a 71% year-on-year surge in quarterly profit, lifting sentiment in select small-cap names despite wider market caution. The print highlighted resilient demand across key channels and improved margins, with investors rewarding earnings momentum. The move adds to stock-specific action in India’s broader market, where micro and small caps often react outsized to earnings beats. Traders will watch management guidance on growth visibility and operating leverage into the festive quarter.