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Small-Cap Stock Standard Glass Lining Technology Jumps 3.2% on Market Rebound
11 Nov
Summary
- Standard Glass Lining Technology's share price rose 3.2% on November 11, 2025
- Indian stock markets, including Nifty 50 and BSE Sensex, closed higher
- Company's revenue from core operations dropped 11.6% year-over-year
On November 11, 2025, shares of Standard Glass Lining Technology, a small-cap industrial stock, surged 3.2% during the trading session as the Indian stock markets extended their gains for a second consecutive day. The benchmark Nifty 50 index closed 0.47% higher at 25,694.95 points, while the BSE Sensex also closed 0.40% higher at 83,871.32 points.
The positive market sentiment was fueled by favorable global cues and rising expectations of a potential end to the US federal government shutdown. However, according to the company's standalone financial statements, Standard Glass Lining Technology's revenue from core operations dropped 11.6% to ₹52.64 crore, compared to ₹59.59 crore in the same period of the previous financial year.
Despite the decline in revenue, the company's share price jumped, reflecting the overall bounce-back in the Indian stock markets on that day. Investors appear to be optimistic about the market's prospects, as the benchmark indices continue to recover from their recent losses.
