Small-cap non-banking finance stock UGRO Capital rose on Tuesday, September 1, extending its gains to the seventh straight session. UGRO Capital shares during this period have gained 8% even as the benchmark BSE Sensex has lost 1.5% during the same period.
Part of the BSE Smallcap index, having a market capitalisation of a little over ₹2,000 crore, UGRO Capital’s share price opened the session at ₹177.55 in trade today and rose to the day’s high of ₹181.25 today.
The small-cap NBFC stock has fared decently over the last six-month period, even as its longer-term performance remains weak. UGRO Capital stock has jumped 20% in six months but lost 22% in a year’s time.
It’s in the 10-year period that UGRO Capital has emerged as a multibagger stock, surging 973%, according to the BSE data.
