Globe Civil Projects Shares Surge on Litigation Resolution

Globe Civil Projects, a small-cap stock, saw its share price increase by over 5% on Friday.

This happened even though the overall Indian stock market was performing poorly.

The company recently won a legal case where someone was trying to recover ₹23 lakh from them.

Despite this good news, the company's profits have gone down compared to last year.

However, they still have a lot of projects in the works and have kept their important contractor status.