
Small-cap stock below ₹50: Multibagger stock jumps 5% despite weak markets
Live MintBCL Industries share price surged over 5% on Tuesday, defying the weak trend in the Indian stock market. On February 28, promoter Kushal Mittal acquired 1,56,826 equity shares of BCL Industries, representing 0.05% stake in the company, via open market, a regulatory filing showed. “I, Kushal Mittal, one of the promoters of the Company would like to submit that I have purchased 156825 Equity Shares of BCL Industries Limited on 28/02/2025,” the stock exchange filing said. As per the shareholding pattern as of December 2024, the promoter and promoter group collectively held 17,05,01,606 equity shares, accounting for a 57.77% stake in BCL Industries. Despite recent declines, BCL Industries stock price has delivered substantial long-term gains, generating multibagger returns of 650% over the past five years.
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