Pradhin Share Price Soars: Small-Cap Stock Hits Upper Circuit After New ₹100 Crore Reliance Industries Order

Pradhin Ltd, a small-cap stock listed on the BSE, has seen a strong upward trend over the past few months. The stock has consistently hit the upper circuit for the past four sessions, delivering more than a 50% return to its shareholders. Today, Pradhin’s share price opened at ₹60.95 per share and quickly hit the 5% upper circuit.

Discussion on ₹100 Crore Order

Pradhin, a company known for its iron and steel products, recently caught the attention of stock market observers due to ongoing discussions about a significant ₹100 crore order from Reliance Industries Ltd. The company informed the stock exchanges about this potential deal, which involves supplying Fe 600 grade TMT Bars and Beams to Reliance Industries’ Jamnagar facility. This order is part of Pradhin’s strategic move to expand into the steel and real estate sectors, aligning with its long-term growth vision.

Stock Price History

Pradhin’s share price has been on a steady climb since August 2024, making it a favourite for investors who buy on dips. The stock hit a low of ₹38.60 per share at the end of July 2024 but has since surged to a new 52-week high of ₹60.95 per share. This rise represents a more than 50% increase in just one month. With a current market cap of ₹22 crore, Pradhin remains a stock to watch on the BSE. Its 52-week low was ₹33.03 per share.