Shares of this small-cap company have skyrocketed 860 per cent in just six months, thanks to back-to-back upper circuits!

On an intraday basis on Friday, the shares of this company rallied, hitting a 52-week high of Rs 15.18 per share on BSE after being locked in the 5 per cent upper circuit.

Despite the overnight decline on the Wall Street, majority of Asian indices were soaring. Indian benchmark indices were initially flat and then oscillated between small gains and losses before being heavily dragged down by losses in a number of sectors. 

For the second session in a row, financial services and banking stocks bore the brunt of the damage. Metal stocks continued to tumble, with the sectoral index BSE Metals falling roughly 3 per cent in the first week of the year. Higher input cost was the main factor in the metal industry's dismal quarter performance, which led to losses in metal stocks in earlier sessions. 

Despite the sector's challenges, investors were drawn to Mercury Metals, a Small-Cap stock, due to its unstoppable upward trend. On an intraday basis on Friday, the shares of Mercury Metals rallied, hitting a 52-week high of Rs 15.18 per share on BSE after being locked in the 5 per cent upper circuit.   

Thanks to back-to-back upper circuits, shares of Mercury Metals have skyrocketed 1,685 per cent over the past year, while its shareholders have enjoyed outstanding returns of more than 860 per cent in just the last six months! 

The company was founded with the primary goal of participating in the business of dealing in scrap metal and metal. Since its establishment, the company has started trading in various kinds of ferrous and non-ferrous metals as well as metal scraps.    

Keep a close eye on this scrip for the upcoming sessions!