NPST stock jumps over 8% despite bearish Indian markets

Some companies sell pieces of themselves, called shares, to people who want to invest.

Network People Services Technologies, or NPST for short, is a company in India that makes payment technology.

Even though many stocks in India went down lately, NPST's shares went up by more than eight percent in one day.

The company told everyone about its results for the first three months of the new financial year, and the numbers looked great.

It earned much more money than it did a year ago, and its profit went up too.

NPST also got a big letter of interest from a famous telecom company that wants to use its SuperApp.

The company is growing in other countries and has a lot of new orders from banks.

Because of all this good news, people were happy to buy NPST shares.

If you had bought the stock five years ago, your money would have grown by almost 7,000 percent!