MSTC shares hit 20% upper circuit on strong Q2 results

GreyOak summary

MSTC shares surged 20% to an intraday high of ₹783.65 after reporting a 57.73% year-on-year rise in net profit to ₹74.92 crore for Q2 FY27. Revenue grew 29.41% to ₹110 crore, driven by e-commerce transactions exceeding ₹54,580 crore. The company also completed its exit from the legacy trading business and is exploring coal exchanges.