◆ MixedCapex & Expansion
Unmoved by stock market crash! Small-cap stock under ₹50 hits 5% upper circuit after this MoU worth ₹300 crore
Indian markets moved higher in a capex & expansion development with September 28 in focus.
28 Sept 2026 · LiveMint Markets
Rhetan TMT Limited shares rose 4.94% on September 28, hitting upper circuit amid overall market decline. The recent rally in the stock came after a crucial business update.
Key facts
- Dates in focus
- September 28
The analysis
Capex decisions are a bet on future demand; the market rewards or punishes them on whether the returns look credible.
Because the driver here is macro rather than company-specific, the read-through is to index-level positioning rather than to any single name — correlations tend to rise when the whole market faces the same signal.
Market context
- This is a market-wide development — its reach goes beyond any single stock.