2 weeks ago
NCL Research stock hits upper circuit despite weak Dalal Street
On Friday, a very cheap company share that costs less than one rupee went up in price.
It hit the highest point it is allowed to move in one day.
This happened even though the stock market in India was mostly going down.
The company is called NCL Research and Financial Services.
It got permission from the stock exchange to raise new money by selling more shares.
The company is now making a small profit, after losing money at the end of last financial year.
Its income from business went down a little compared with last year.
The company also wants to start lending money to people using digital tools.
Many people have been buying its shares, so the share price has gone up a lot this year.
NCL Research and Financial Services shares jumped 4.3% to hit their upper price band of ₹0.72 on the BSE on Friday, 14 August, even as the Sensex declined 0.50%.
The company received in-principle approval from the BSE for its proposed rights issue to raise ₹50 crore through shares with a face value of ₹1.
The company reported a Q1FY27 profit of ₹1.13 crore, down from ₹1.70 crore in Q1FY26 but a sharp recovery from the ₹5.59 crore loss in Q4FY26.
Total revenue from operations for the June quarter stood at ₹1.67 crore, compared with ₹1.82 crore in the same quarter last year.
The stock has jumped 44% year-to-date and 57% over the last month, after the company announced plans to enter the digital personal loan business.
- Who
- NCL Research and Financial Services, a stock trading under ₹1 on the BSE.
- What
- Its shares hit the 5% upper circuit at ₹0.72, and it received BSE in-principle approval for a rights issue of ₹50 crore.
- Where
- BSE (Bombay Stock Exchange) on Dalal Street, India.
- When
- Friday, 14 August (2026), with Q1FY27 results previously reported on 11 August.
- Why
- Investor interest driven by the proposed rights issue, plans to enter the digital personal loan business, and recovering profitability.
Key facts
- Stock
- NCL Research and Financial Services
- Upper circuit price
- ₹0.72 (intraday gain of 4.3%)
- Rights issue
- ₹50 crore at ₹1 face value; BSE in-principle approval received
- Q1FY27 profit
- ₹1.13 crore vs ₹1.70 crore in Q1FY26
- Revenue (Q1FY27)
- ₹1.67 crore
- 52-week range
- ₹0.39 (17 March) to ₹0.87 (27 July)
- Stock performance
- Up 44% year-to-date; up 57% over the past month
- Sensex on 14 August
- Declined 0.50%
Sources
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