Small-cap stock below ₹50 jumps 8% in a relief rally. Do you own?

SBC Exports shares rose 8% in morning trade on BSE on February 4, following a relief rally in the Indian stock market after US President Trump suspended tariffs on Mexico and Canada. The stock opened at 21.20 and peaked at 22.66.

Nishant Kumar
Updated4 Feb 2025, 01:11 PM IST
Small-cap stock below  <span class='webrupee'>₹</span>50 jumps 8% in a relief rally. Do you own?
Small-cap stock below ₹50 jumps 8% in a relief rally. Do you own?(Agencies)

Small-cap stock SBC Exports surged up to 8 per cent in morning trade on the BSE on Tuesday, February 4, buoyed by a relief rally in the Indian stock market after US President Donald Trump halted tariffs on Mexico and Canada. SBC Exports share price opened at 21.20 against its previous close of 20.97 and jumped 8 per cent to the level of 22.66. Around 10:50 AM, the small-cap stock was 5.82 per cent up at 22.19.

SBC Exports share price trend

The small-cap stock snapped its three-day losing streak to rise on Tuesday. It has been under pressure over the last year. As of the previous session close, the stock has declined nearly 22 per cent over the last year. On a monthly scale, the stock has been down since October last year.

SBC Exports share price hit a 52-week high of 37.80 on September 16 after a 52-week low of 18.39 on March 14 last year.

SBC Exports news

On January 24, the company announced its board of directors approved the issue of bonus shares in the ratio of 1:2 i.e., one equity share for every two equity shares held by the existing equity shareholder of the company.

Also Read | Small-cap stock under ₹100: Declares bonus shares; Reports strong Q3 Results

SBC Exports Q3 results 2025

For the quarter ended December 31, the company reported consolidated revenues of 76.13 crore, growing 44.43 per cent YoY.

The net profit grew 24.76 per cent YoY to 3.58 crore for Q3FY25.

For nine months ended 31 December 2024, consolidated revenue grew by 48.80 per cent from 141.97 crore in 9MFY24 to 211.25 crore in 9MFY25. Net Profit increased by 47.87 per cent from 9.64 crore in 9MFY24 to 14.26 crore in 9MFY25.

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First Published:4 Feb 2025, 10:43 AM IST
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