New Delhi, Jan. 19 -- Multibagger small-cap stock under Rs.50: A-1 Limited share price hit 5% upper circuit to Rs.33.60 on Monday after the company announced that its associate company A-1 Sureja Industries secured two purchase orders.

The small-cap stock rallied despite weak market sentiment on Monday. The Indian stock market opened on a weak note with Sensex dropping as much as 629 points during Monday's session to hit an intraday low of 82,941.01, while the NSE Nifty 50 slid 0.7% to a low of 25,504.85, decisively breaching the 25,550 level.

In a release, the A-1 Limited said that its associate company and part of the group's electric mobility initiative, A-1 Sureja Industries, has received two purchase orders aggregating 1,425 units ...