India, May 29 -- A micro-cap steel stock priced under Rs.60 caught investors' attention after it hit the 20 percent upper circuit on the back of a stellar quarterly performance. The surge came as the company reported a remarkable 110 percent jump in net profit annually, signaling strong operational momentum and renewed market optimism.

During Thursday's trading session, the shares of Incredible Industries Ltd reached an intraday high of Rs.50.86 per share, hitting the 20 percent upper circuit limit from the previous close of Rs.42.39 per share.

Financial Performance Incredible Industries Ltd experienced a significant rise fueled by strong net profit and revenue growth, as reflected in its latest financial results. In Q4 FY25, the compa...