In fact, if we look at the stock's performance over the last three years, it's clear that it has rewarded its shareholders with multibagger returns. The stock has risen nearly 747 per cent during this time, which is an impressive feat.

But that's not all! The company recently announced that, along with its joint venture (JV) partners, it has received a letter of award for the Rihand Micro Irrigation Project from the Department of Water Resources, Madhya Pradesh. 

Historical trend suggests that Indian benchmark indices witnessed a muted trading ahead of the Union Budget, however, volatility surges as we inch closer to the D-Day. 

The broader market traded in a range throughout the day amid volatility. Slight recovery towards the end took Nifty above 18,600 levels as it rose 0.28 per cent.

NSE Nifty 50 index jumped 0.29 per cent to close at 18,800 level while BSE Sensex soared nearly 200 points. Nifty Midcap and Nifty Smallcap rose 0.77 per cent and 0.43 per cent respectively. 

Considering the risk on mode is likely to continue on D-Street, we have chalked down a list of top Small-cap stocks for BSE Small-cap Index for the month of November.

The Muhurat Trading Session is going to be a terrific one along with this there is one more piece of good news, especially for the dividend investors as well as a host of stocks have announced a whopping dividend of as high as 1800 per cent and these companies belong to consumer food and household & personal products.

Indices saw a magnificent short-covering rally on Friday despite a slight sell-off witnessed in the last hour. Nifty climbed 1.01 per cent to close at 17,200 while Sensex soared 685 points.

Going ahead, volatility is what the market participants would continue to hear every now and then as quelling the market expectations of a cut next year, the officials hinted that no cut would be seen in 2023. And, moreover, the central banks around the world are anteing up the pace of rate hikes.   

Indices ended higher after a volatile second half as Nifty rose 36 points or 0.21 per cent while Sensex jumped nearly 60 points. Nifty Midcap and Nifty Smallcap climbed 0.70 per cent & 0.55 per cent, respectively.  

In context to market expectations from Friday’s RBI MPC meet, Sumit Chanda, Founder & CEO of JARVIS Invest says, “While there have been some indications of the inflation moderating, with the Brent being still above the $100 mark and a falling rupee, we can expect RBI to hike the repo rate by about 50 bps.

The broader market indices outperformed the frontline gauge by a wide margin with Nifty Midcap and Smallcap 100 adding 0.94 per cent & 0.95 per cent, respectively. 

The rising inflation and Federal Reserve's rate hike fuelled the rally in the dollar.