Sensex and Nifty50 fell sharply in the first trading session of the week, with most frontline stocks trading in the red. The broader mood remained negative. Yet, amid this decline, a small-cap stock moved against the trend. Shares of stainless steel manufacturer Mangalam Worldwide Limited surged nearly 7 per cent, catching the attention of investors. On the National Stock Exchange, the company’s share price climbed to ₹295.95, standing out in an otherwise subdued market session.
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Strong quarterly results boost investor confidence
One of the main reasons for the stock’s rise is the company’s strong financial performance. Last Friday, Mangalam Worldwide Limited announced its financial results for the third quarter of the current financial year. According to the report, the company’s net profit for the last three months of 2025 stood at ₹14.09 crore, marking a 74 per cent increase compared to the same period in 2024.
Along with profit growth, the company also reported a rise in revenue. Compared to the October–December quarter of 2024, revenue for the same period in 2025 increased by 29 per cent to ₹271 crore 77 lakh. The company’s EBITDA margin also improved to 7.59 per cent.
Stock delivers strong long-term returns
Mangalam Worldwide Limited’s upward momentum has continued since July 2025. Since then, the stock price has increased by 74 per cent. Over the past six months, the stock has gained around 70 per cent.
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The long-term performance has also been strong. Over the last three years, investors have received returns of 161 per cent from this stock. In 2025 alone, the share price has risen by 61 per cent.
