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Sub-₹10 stock jumps after sharp QoQ profit growth
A low-priced stock rallied after posting strong quarter-on-quarter profit growth, attracting retail interest.
Shares of a sub ₹10 stock jumped over 7% after the company reported a 70% quarter on quarter rise in net profit. Improved operating margins and lower expenses supported earnings growth, drawing fresh retail interest. Market participants noted strong volume activity post results. Analysts said sustainability of gains will depend on revenue traction, balance sheet strength, and broader market sentiment going forward cautiously.