The broader market staged an impressive rebound on Friday, with several mid- and small-cap stocks delivering sharp gains despite mixed global cues. Apex, Astec, MCloud, Ninsys, and DevX emerged as the day’s top performers, signalling renewed buying interest across high-beta pockets of the market.
Apex Surges 20%, Locks at Upper Circuit
Apex was the standout mover of the session, soaring 20% to hit the upper circuit at ₹332.28. The stock opened at ₹278 and witnessed strong, uninterrupted momentum, supported by robust trading volumes exceeding 1.62 crore shares. Market participants attribute the surge to sustained accumulation by domestic investors and favourable sentiment around companies in the industrial and engineering ecosystem.
Astec Jumps 12% as Volumes Spike
Shares of Astec rallied 12.42% to close at ₹825.20, marking a significant rebound from its previous close of ₹734.05. The stock touched an intraday high of ₹849 amid heavy turnover of 1.81 crore shares, indicating aggressive participation from both retail and institutional players. Analysts note that the company has remained on traders’ radar due to improving sectoral outlook and expectations of stronger quarterly performance.
MCloud Gains Nearly 12% on Heavy Buying Interest
Digital solutions provider MCloud added 11.73%, ending the day at ₹59.80. The counter saw extraordinary activity, with volumes crossing 13.5 crore shares, one of the highest among gainers. The stock climbed steadily throughout the session as investors bet on the growing momentum in tech-driven and cloud-linked businesses.
Ninsys Rallies 11.58% After Strong Intraday Movement
Tech and digital automation player Ninsys posted a strong 11.58% rise, closing at ₹448. While trading volumes were relatively modest compared to other gainers, the stock’s price action reflected continued optimism around IT and digital transformation themes.
DevX Rises Over 10% on Renewed Momentum
Small-cap stock DevX gained 10.64%, ending the day at ₹46.80. The counter recorded active participation from traders, with more than 11.8 lakh shares changing hands. The stock’s technical setup has been signalling strength, drawing momentum investors back into the trade.
Broader Market Outlook
The sharp rally in mid- and small-cap names suggests improving risk appetite among investors, even as benchmark indices fluctuate amid global uncertainty. Analysts believe that selective buying in high-growth companies, especially in sectors like technology, chemicals, and industrials, could continue in the near term—though caution is advised due to rising volatility.
