This smallcap stock gained 26% in last five trading sessions: Here is all you need to know

Meanwhile, Dinesh Pareekh sold 3 lakh shares at ₹350 apiece in the non-banking financial company (NBFC).

At 12:39 PM, shares of SG Finserve were trading 13.30% higher at ₹408.50 apiece on the Bombay Stock Exchange (BSE).

Ratings agency Crisil on Tuesday reaffirmed the credit rating for the bank’s ₹1,000 crore bank loan facilities. It assigned an AA (CE)/positive rating, transitioning it from a provisional rating to a final one; SG Finserve had informed the stock exchanges.

The NBFC had posted a strong performance in Q3 FY25, with net profit rising to ₹236 crore from ₹141 crore in Q2 FY25. Its revenue from operations increased to ₹424 crore in the December quarter, as against ₹309 crore in the previous quarter.

Total expenses saw a slight uptick to ₹103 crore in Q3 from ₹102 crore in the preceding quarter.

In the last five trading sessions, the stock has gained 26%, while for a month’s period, the scrip has advanced nearly 22%.

However, in the past six months, since September 25, 2024, the BSE SmallCap stocks have lost 20%.

The stock touched its upper circuit of ₹432.65 apiece during the intraday period.

According to BSE, its market capitalisation stands at ₹2,284.15 crore.

Listed in 2015 on the Bombay Stock Exchange (BSE), SG Finserve is a technology-driven NBFC registered with the Reserve Bank of India that specialises in business financing solutions. It caters to a wide range of channel partners, including dealers, distributors, retailers, buyers, suppliers, and transporters.