By Admin 
Small cap stock: The falling shares of Sudarshan Pharma Industries Ltd, a small cap company working in the pharma and chemical sector, are wreaking havoc even in the stock market. On Thursday, February 5, amidst the sluggishness of the stock market, the shares of Sudarshan Pharma gained momentum and in no time touched the upper circuit of 10 percent and reached the level of Rs 23.10.
Outcry in IT shares
There is chaos in IT stocks with the launch of the new Anthropic AI Tool of American AI company Claude AI. Due to this, both the benchmark indices Sensex and Nifty declined by about half a percent. Despite this, Sudarshan Pharma’s shares are doing wonders. Earlier on February 4 also, it had hit an upper circuit of 5 percent, due to which the share price reached Rs 21. Overall, Sudarshan Pharma shares have risen by more than 17 percent in the last three trading sessions.
Why did the shares suddenly rise?
However, this pharma stock has also been under pressure in recent times, falling 40 percent in the last 1 year, 24 percent in the last 6 months, 19 percent in the last 3 months and 12 percent in the last 1 month. On Wednesday, shares of Sudarshan Pharma started trading at Rs 22.60 on BSE and within no time reached an intraday high of Rs 23.10.
This rise in the shares of Sudarshan Pharma has come due to the company’s recently released December quarter (Q3FY26) results. During this period, the company’s profit increased by 47.10 percent year-on-year to Rs. 4.31 crore from Rs. 2.93 crore in the same quarter last year.
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