Mumbai, December 15, 2025 – Indian equities capped the week with fireworks in small- and mid-caps, as the Nifty 50 nudged up 0.57% to 26,046.95 and Sensex gained 0.53% to 85,267.66, buoyed by DII inflows of ₹5,500 Cr amid easing FII selling (₹7,800 Cr December total). Amid broader resilience (midcaps +1.14%), a clutch of undervalued names delivered blockbuster gains, led by Maha Rashtra Apex Corporation (MAHAPEXLTD)'s 20% rocket on rights issue anticipation and debt-free allure. This selective surge—fueled by corporate actions and order inflows—spotlights turnaround tales in NBFCs and industrials, tempting value hunters with low book multiples, swing traders eyeing upper circuits, and sector bulls betting on infra tailwinds against 6.5% inflation headwinds.
Key Highlights from Yesterday's Top Performers
BSE/NSE data unveiled diverse winners from finance, media, and power transmission. Curated top 5 by % change, with volumes and drivers:
| Symbol | LTP (₹) | % Change | Volume (Shares) | Value (₹ Cr) | Key Driver |
|---|---|---|---|---|---|
| MAHAPEXLTD | 95.24 | +19.99% | 72,674 | 67.33 | Rights issue rally; board eyes Dec 18 approval for fresh capital, debt-free status (0.29x book value) and 90% 5-yr profit CAGR ignite 20% circuit hit. |
| VIPULLTD | 10.24 | +19.91% | 27,92,290 | 273.09 | Upper circuit frenzy; board okays 10.85 Cr warrants at ₹9.20 (₹100 Cr raise), NCLT interim on amalgamation adds fuel—56% YTD despite -13% 5-yr sales. |
| TVVISION | 7.77 | +19.91% | 4,74,171 | 36.04 | Media momentum; broadcasting arm's regional channels (Mastiii, Maiboli) ride festive ad spends, 20% circuit on volume spike—m-cap ₹31 Cr signals speculative heat. |
| TARIL | 277.50 | +16.04% | 6,23,99,322 | 16,592 | Order bonanza rebound; ₹53 Cr HVDC transformer + ₹390 Cr supply contracts snap 45% 6-mo slump, 21% recovery from lows—52% YTD. |
| AERONEU | 88.00 | +15.03% | 1,67,080 | 132.06 | Profit pivot; Q2 net +292% to ₹1 Cr despite 18% 3-mo dip, ROE at 1.5% undervalued vs 9.5% sector—13% weekly bounce. |
Data from BSE/NSE closes on December 14, 2025. LTP = Last Traded Price; CA = Corporate Action date.
Why Investors Are Buzzing: Rights, Orders & Turnarounds Take Center Stage
Maha Rashtra Apex's (MAHAPEXLTD) Revival Rally: The NBFC's 20% circuit-smash to ₹95.24—its upper band—extends a 4-day streak on Dec 18 rights issue board meet, leveraging debt-free ops and 90.2% 5-yr profit CAGR (ROE 72% vs 50% avg). Volumes doubled, P/B 0.29x screams value; bears note -42% yearly, but Q2 interest unprovision (₹358 L) flags deposit risks.
Vipul's (VIPULLTD) Fundraising Fireworks: Hitting upper circuit at ₹10.24 (56% YTD), the realty dev's pop ties to 10.85 Cr warrants approval (₹100 Cr at ₹9.20), with EGM Jan 8—NCLT status quo on Tanamera assets aids sentiment despite -13% 5-yr sales. Promoter hold 18%; contingent liabilities ₹439 Cr loom.
TV Vision's (TVVISION) Channel Charge: Broadcasting upstart's 19.91% to ₹7.77 caps festive ad tailwinds for Mastiii/Maiboli, volumes 5x avg—m-cap ₹31 Cr, but promoter 32% and Q2 sales dip warrant caution in consolidating media.
Transformers & Rectifiers' (TARIL) Order Overdrive: Rebounding 16% to ₹277.50 (₹16,592 Cr value), the power gear maker's surge follows ₹53 Cr HVDC + ₹390 Cr transformer wins, erasing 45% 6-mo pain—52% YTD, EPS 8.36 signals infra play.
Aeroflex Neu's (AERONEU) Earnings Edge: +15% to ₹88 on Q2 net +292% (₹1 Cr), despite 18% 3-mo slide—ROE 1.5% lags 9.5% sector, but 27% quarterly profit jump eyes RF component recovery.
Broader Market Context and What It Means for You
The gainers' frenzy contrasts Nifty's mild green (metals +2.5%), with rupee ₹83.85/USD and Brent $63.20 aiding cyclicals. FIIs sold ₹800 Cr Friday, but DIIs countered; VIX 13.8 steady ahead of Fed minutes.
Retail Investors: MAHAPEXLTD dips for 5% portfolio—low P/B, but rights dilution risk. Institutions: TARIL's orders for 20% upside in ₹11L Cr infra. Day Traders: VIPULLTD circuits for 10% scalps—watch volumes >5x.
Risk Note: Rural inflation (6.5%) caps consumer proxies; Q3 earnings (Reliance Dec 16) could sway—diversify, past pops aren't promises.