Vishal Fabrics, a small-cap stock under ₹50, witnessed a significant surge in its share price by 9% on Tuesday, December 12, following the announcement of a major merchant export order valued at approximately ₹100 crore.
The filing highlights that the order has been classified as a merchant export order for key international markets, further strengthening Vishal Fabrics' increasing presence in the global denim supply chain.
The sizeable order is expected to contribute to the company's operational pipeline for the year and reinforces confidence in India's textile export momentum.
The smallcap stock climbed 9% to hit its intra-day high of ₹29.50, despite remaining 27% below its 52-week high of ₹40.33 recorded in January 2025.
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