SC Agrotech shares hit 5 per cent upper circuit for eighth day
The small-cap company reported a 48x rise in net profit during the second quarter of FY27.
Shares of SC Agrotech Ltd hit the 5 per cent upper circuit for the eighth consecutive session on Tuesday, according to Mint. The small-cap stock, which has a market capitalisation of ₹337 crore, opened at ₹44.37 on the BSE and reached the circuit limit within seconds of the market opening.
The company has delivered 160 per cent returns over the past year. Since 26 October 2026, the share price has risen from ₹30.88 to ₹44.37, representing a gain of over 43 per cent in eight days.
The company recently received approval from the Ministry of Corporate Affairs to incorporate a subsidiary named SC Careoasis Healthcare Private Limited on 30 October 2026. Additionally, SC Agrotech launched its digital agriculture platform, AgriBridge, for public use on 4 November 2026.
Financial results for Q2 FY27 showed significant growth, with revenue from operations increasing to ₹45.26 crore from ₹5.02 crore in Q2 FY26. Net profit for the same period rose to ₹10.21 crore from ₹21.21 lakh in the previous year's second quarter.
For the first half of FY27, the company reported revenue of ₹83.11 crore and a profit after tax of ₹19.77 crore. The AgriBridge platform aims to connect farmers, suppliers, and institutional buyers through digital listings and transaction management.