Mold-Tek Technologies shares hit upper circuit for fourth consecutive session
The small-cap company's stock rose 5 per cent following the announcement of its highest-ever quarterly revenue and profit.
Shares of small-cap firm Mold-Tek Technologies rose 5 per cent to hit the upper circuit on Thursday, 5 November. This marked the fourth straight session of gains for the stock, according to a report by Mint.
The surge follows the company's Q2 FY27 results, where it reported its highest-ever quarterly consolidated revenue of ₹60.81 crore. This represents a 51.2 per cent increase year-on-year.
The company's consolidated net profit after tax (PAT) grew 197.32 per cent to ₹9.62 crore during the quarter. This figure is nearly equal to the total full-year profit recorded in FY26. Consolidated EBITDA also reached a record ₹14.58 crore, up 144.5 per cent from ₹5.96 crore in the same quarter last year.
Chairman and Managing Director J. Lakshmana Rao stated that the company saw strong results in the first half of FY27. He noted that consolidated revenue grew 63.70 per cent year-on-year and PAT increased nearly 4.8 times.
Rao attributed this to business diversification, operational excellence, and expansion into higher-value engineering services.
The company said its order pipeline remains encouraging in the Mechanical Engineering and Civil and Structural Engineering segments. It also mentioned adding a significant client in the civil engineering sector.
On the BSE, the stock reached an intraday high of ₹108.16 and a low of ₹104.62. The shares have advanced 39.44 per cent on a year-to-date basis.