New Delhi, Feb. 1 -- AVI Polymers share price was locked in at 5% after the specialty chemicals company reported strong Q3 results. The small-cap stock declined as much as 5% to Rs.17.12 apiece on the BSE.

AVI Polymers reported a net profit of Rs.7.02 crore in the third quarter of FY26 as compared to the net profit of Rs.2.29 crore in the previous quarter, registering a strong growth of 206%. The micro-cap company reported revenue from operations in Q3FY26 jumped 348% to Rs.132.32 crore from Rs.29.50 crore, quarter-on-quarter (QoQ).

The company said it has recently secured BSE's in-principle approval for its Rs.90 crore rights issue, issued on January 06, 2026. The approval allows the company to proceed with its fundraising initiative w...