New Delhi, Sept. 25 -- Brokerage firm Indo Thai Securities staged a stellar comeback in September, as its shares witnessed a phenomenal rally even as broader sentiment remained cautious and continued their upward run without any major pullbacks.

In the current month so far, the shares have surged 58% to Rs.248 apiece, and if they hold the momentum until the end of the month, it will mark their biggest monthly rally since September 2024, when they jumped 81%.

While there is no fundamental factor behind the stellar rise, analysts say technical factors played a role, helping the stock emerge as one of the best performers in September.

After maintaining a one-way ride between July 2024 and February 2025, the stock lost momentum and turned ...