Today’s market witnessed a surge in 5 micro-cap stocks that reached their 20% upper circuit limit, signalling robust investor confidence in smaller, high-potential companies. This momentum suggests growing risk appetite and could indicate emerging opportunities in undervalued sectors, though investors should approach such volatile movements with thorough due diligence and caution.
1. RNFI Services Limited
Established in 2015, RNFI Services Limited, headquartered in New Delhi, is a financial technology firm offering B2B and B2B2C solutions. It provides services like business correspondent operations, currency exchange, and insurance broking.
In FY24, the company reported revenue of Rs. 935 crore, down 12.4% from Rs. 1,067 crore in FY23. However, profit grew significantly by 100%, rising from Rs. 5 crore in FY23 to Rs. 10 crore in FY24.
As of January 1, 2025, the stock price stands at Rs. 210.35, marking a 20% rise from its previous close of Rs. 175.30. The company’s market capitalisation is now Rs. 524.88 crore, reflecting strong investor interest.
2. Forge Auto International
Forge Auto International specialises in manufacturing and supplying automotive components.The company plays a key role in supporting the automotive industry’s supply chain.
In FY24, the company recorded revenue of Rs. 179 crore, a modest growth of 2.9% compared to Rs. 174 crore in FY23. Profit remained steady at Rs. 7 crore in both years, showing no growth.
The stock is trading at Rs. 91, marking an 18.26% increase from its previous close of Rs. 76.95. It has a market capitalisation of Rs. 99.37 crore, reflecting strong investor interest and a significant upward trend.
3. XT Global Infotech
XT Global Infotech delivers IT services including application development, IT consulting, and business process outsourcing. Serving sectors like healthcare, finance, and retail, it focuses on providing tailored solutions to optimise operations and improve efficiency.
In FY24, the company reported revenue of Rs. 217 crore, a decline of 10.3% compared to Rs. 242 crore in FY23. Profit remained unchanged at Rs. 12 crore in both years, indicating no growth in profitability.
The stock is currently priced at Rs. 47.20, showing a 20% increase from its previous close of Rs. 39.34. With a market capitalisation of Rs. 627.61 crore, it indicates robust growth and positive market sentiment.
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4. Prozone Realty
Prozone Realty develops integrated lifestyle projects, including shopping malls, residential complexes, and mixed-use developments. Catering to modern urban needs, the company strives to offer quality spaces across India.
In FY24, the company achieved revenue of Rs. 185 crore, reflecting growth of 6.9% compared to Rs. 173 crore in FY23. However, profit saw a steep decline of 92.1%, dropping from Rs. 38 crore in FY23 to Rs. 3 crore in FY24.
The current market price (CMP) is 33.25, reflecting a 20% increase. The market capitalisation stands at Rs. 507.40 crore, up from the previous close of 27.71. This shows strong growth and positive market movement.
5. 3i Infotech
Founded in 1993, 3i Infotech, based in Navi Mumbai, offers IT services like application development, cloud computing, cybersecurity, and digital transformation. With a global presence, it serves sectors including banking, healthcare, and telecom, fostering growth through innovative solutions.
In FY24, the company reported revenue of Rs. 814 crore, a growth of 11.7% compared to Rs. 729 crore in FY23. However, it incurred a significant loss of Rs. 298 crore, a sharp decline from the Rs. 1 crore profit in FY23.
The current market price (CMP) is 33.67, reflecting a 20% increase from the previous close of 28.06. With a market capitalisation of Rs. 570.89 crore, the stock has shown positive growth.
Written By Fazal Ul Vahab C H
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