A small-cap stock under ₹50 jumped almost 8 per cent in intraday trade on Tuesday, September 30, defying weak market sentiment. Sindhu Trade Links share price opened at ₹27 against its previous close of ₹27.14 and jumped 7.8 per cent to an intraday high of ₹29.25. However, the stock pared gains, as around 2:35 pm, the stock traded 3.17 per cent higher at ₹28, looking set to extend gains for the second consecutive session.
Sindhu Trade Links share price trend
The small-cap stock has been witnessing strong gains this year despite weakness in the Indian stock market.
Year-to-date, the stock has jumped 28 per cent, while over the last year, it has clocked a gain of 15 per cent.
On a monthly scale, the stock has surged 21 per cent in September so far after a 15 per cent decline in August when the stock snapped its five-month winning streak.
(This is a developing story. Please check back for fresh updates.)
