Q2 Results Today: Over 240 Companies Including Vodafone Idea, ONGC, And Bajaj Finance Set To Announce Earnings
Are you keeping an eye on penny stocks and making your investments strong?
Then I am sure, Sadbhav Engineering might already be on your radar!
On Tuesday, August 19, the stock continued its strong upward chart movement, hitting the upper circuit at 10% at ₹14.44 during intraday trading. And as a trader we all know that this is a big move for a stock under ₹20! As a fact, this marks the second straight session of gains, with the share price of the stock climbing over 21% in just two days.
So, what’s behind this sudden surge?
It’s largely driven by the company’s strong earnings performance for the June quarter of FY26, a result that clearly impressed investors and traders alike.
For retail investors who were looking for low-entry-point opportunities, this feels like a promising momentum play. But remember that penny stocks can be volatile and fluctuate at any moment.
It’s definitely one of those moments where fundamentals meet market sentiment. And for now, Sadbhav Engineering seems to be enjoying the spotlight.
Even though there is a recent surge, Sadbhav Engineering has lost a heap of 52% of its market value year-to-date and nearly 55% over the past year. The stock showed volatility in 2025 but rebounded in August with a 19% gain after three consecutive months of losses.
Sadbhav Engineering’s recent rally was in the stock was sparked by a surprising profit turnaround in Q1FY26, with a net profit of ₹31.2 crore, bouncing back from a loss of ₹30.74 crore last year.
This surely Sounds promising to everyone, but here’s the catch, their revenue took a hit, dropping 26.25% year-on-year to ₹222 crore from ₹301 crore. So, while profits are up, the company still faces challenges in maintaining a upward business growth.
(With Inputs)
Also Read: Gold And Silver Prices Today: Planning to Buy Gold? HURRY!…
Aishwarya is a journalism graduate with over three years of experience thriving in the buzzing corporate media world. She’s got a knack for decoding business news, tracking the twists and turns of the stock market, covering the masala of the entertainment world, and sometimes her stories come with just the right sprinkle of political commentary. She has worked with several organizations, interned at ZEE and gained professional skills at TV9 and News24, And now is learning and writing at NewsX, she’s no stranger to the newsroom hustle. Her storytelling style is fast-paced, creative, and perfectly tailored to connect with both the platform and its audience. Moto: Approaching every story from the reader’s point of view, backing up her insights with solid facts.
Always bold with her opinions, she also never misses the chance to weave in expert voices, keeping things balanced and insightful. In short, Aishwarya brings a fresh, sharp, and fact-driven voice to every story she touches.
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