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Small-cap stock under ₹50: Shares of Sudarshan Pharmaceuticals rallied to end 7% higher on Wednesday. The stock has delivered close to 25.37% return in six months and around 60% surge in one year. The recent uptick in stock movement has come after the pharma stock’s formal listing on the National Stock Exchange (NSE)’s main board. Shares of Sudarshan Pharma Industries Limited were formally listed on the main board of the NSE effective Tuesday, October 27. Here are all the details about Sudarshan Pharma's listing on the NSE main board and other business updates. The company successfully migrated from SME Platform of BSE to Capital Market Segment (main board) of NSE, as per its latest stock exchange filing. “The equity shares of the Company shall be listed and admitted to dealings on the Exchange (Capita Market Segment) w.e.f. October 27, 2026 pursuant to migration from SME Platform of BSE,” read Sudarshan Pharma’s exchange filing released earlier. The Maharashtra-headquartered pharmaceutical firm’s board meeting is scheduled for Thursday, October 29. The company’s board of directors is scheduled to meet, consider and announce results for the second quarter of financial year 2026-27. Apart from the Q2FY27 result announcement, the pharma company will also consider and approve a fundraising proposal. The board may consider and approve the fundraising proposal by way of issue of one or more of instruments comprising "equity shares, convertible securities of any other description or warrants or debt securities”. The fund raise may be executed through private placement / preferential issue / Qualified Institutions Placement or such other methods or combinations thereof. The pharma stock closed 7.83% higher on BSE at ₹37.61 per share with a market capitalisation of ₹938.97 crore. Its share price value has surged 12.43% in one week, 26.67% in one month and around 40.58% in 2026 so far. The stock has delivered a return of around 61.77% in one year. The stock closed above the resistance level of ₹37 per share, which indicates a bullish momentum. An opening for ₹40 per share can trigger further upside in the stock, according to Mahesh M Ojha, VP - Research and Business Development at KC Securities. The expert set a stop-loss of ₹31.80 per share. Catch all the Business News , Market News , Breaking News Events, JIO IPO Listing Today LIVE and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates. Log in to our website to save your bookmarks. It'll just take a moment. Oops! Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image.
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