Multibaggers News

Refex Industries shares surged 13.42% to ₹360 after securing a ₹100 crore order from a large business conglomerate, marking its fourth win in November. The company reported a 16% YoY increase in net profit for the September quarter, despite flat revenue.

In 2025, several SME IPOs like Cryogenic Ogs and Tankup Engineers yielded impressive returns exceeding 300-400%, while 23 others rose between 100-200%. However, analysts worry about high valuations and lack of understanding among investors, indicating a communication failure by promoters.

The IPO market in 2025 has seen strong activity with significant listings in sectors like fintech and green energy. Notable multibaggers include Aditya Infotech, Stallion India Fluorochemicals, and Ather Energy. Despite high investor interest, many IPOs have underperformed.

Navin Fluorine International's stock surged 22% to ₹6,055, marking an 86.55% year-to-date return. Strong Q2 results led to upgrades from brokerages, with net profit rising 152% YoY. The company aims to maintain EBITDA margins near 30% for FY26 amid expansion plans.

Penny stock under ₹2: Excel Realty N Infra said its board will meet on Tuesday, November 11. The board will consider and approve the unaudited standalone and consolidated financial results of the company for the quarter and half year ended September 30, 2025.

Apollo Micro Systems shares rose 4% to ₹286.90 after securing defence orders worth ₹184.33 million. The company has seen significant growth in its order book and partnerships, leading to a 171% increase in stock value since April.

Colab Platforms stock reached ₹174, marking its 89th consecutive upper circuit, attracting investor demand. The company is expanding into semiconductor manufacturing with a new subsidiary, enhancing its multi-sector technology portfolio.