Multibagger stock under ₹50 jumps 5% following Dalal Street rally

Sindhu Trade Links shares surged up to 7.7% to ₹27.06 on BSE, largely tracking a broader Dalal Street rally fueled by US-Iran peace deal optimism and falling crude oil prices. The company's FY26 results were weak, with consolidated net profit falling to ₹5,744.44 lakh from ₹12,158.92 lakh and revenue plunging to ₹57,964.51 lakh from ₹2,29,270.40 lakh, hurt by a steep decline in its Overseas Coal Mining & Trading business. Separately, the board will consider acquiring controlling stakes in Advent Coal Resources Pte. Ltd. and Sainik Mining and Allied Services Ltd. through preferential allotment of equity shares and compulsorily convertible preference shares.