New Delhi, Aug. 18 -- A penny stock surged as much as 10 per cent to hit its upper circuit on the BSE on Monday, August 18, after the company reported its Q1FY26 results. Sadbhav Engineering share price opened at its 10 per cent upper circuit of Rs.13.13 on Monday, August 18, after the civil construction firm said it earned a profit of Rs.31.2 crore for Q1FY26 against a loss of Rs.30.74 crore in the same quarter last year.

After market hours on August 14, Sadbhav Engineering said it earned a consolidated profit of Rs.31.2 crore for Q1FY26 against incurring a loss of Rs.30.74 crore in the same quarter of the previous financial year.

The company's revenue from operations for the quarter under review, however, declined 26.25 per cent year-...