Dalal Street Buzz: Small-Caps Leap 9%, Rushil Decor Shines with Stellar Jump

Small-cap shares surged 9% on Dalal Street, with Rushil Decor leading, jumping from ₹336.50 to ₹365. Small and mid-cap indices rose 0.50% and 0.62% respectively.

Small-cap shares witnessed a 9% surge, buoyed by a market rebound on Dalal Street. Early gains were amplified as the market trend shifted positively. Today’s stock market showed a mix of volatility and bullishness. The small-cap index marked a 0.50% increase from Wednesday, while mid-caps rose by 0.62% in Thursday’s trading.

Among these small-caps, Rushil Decor stood out, significantly outperforming key indices. Opening at ₹336.50, despite a shaky market start, its shares soared to ₹365, a notable 9% increase from Wednesday’s close of ₹335.95. With a market capitalization of ₹963 crore, the stock remains near its daily high.

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Rushil Decor share price history: 

Since the beginning of 2024, Rushil Decor has experienced selling pressure, leading to a 7% year-to-date (YTD) decline. Over the past month, the small-cap stock has further slipped by just over 1%. Currently, it appears to be emerging from a phase of consolidation. After oscillating between ₹335 and ₹350 for about a week, the stock broke through the upper limit on Thursday, reaching an intraday peak of ₹365 per share.

This small-cap stock can be traded on both the BSE and NSE. Presently, it boasts a market capitalization of approximately ₹963 crore and a trading volume of about 3.71 lakh shares. Over the past 52 weeks, the stock’s highest value reached ₹406.90 per share, while its lowest was ₹204.31 per share on the NSE.

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