Small-Cap Stock Under ₹ 20 Hits Upper Circuit Despite Sell-off in Indian Stock Market

Stock Market Today: Small-Cap Stock under 20 Hit the upper circuit during the intraday trades on wedding despite the sell-off in the Indian stock market. Check Details About Welcure Drugs & Pharmaceuticals Ltd.

Small-Cap Stock under 20: welcure drugs & pharmaceuticals

Small-Cap Stock under 20: welcure drugs & pharmaceuticals announced on Wednsday, 18 June 2025, Regarding the 517 Crore Global Sourcing Mandate. In its release on the bse, or the bombay stock exchange, welcure drugs & pharmaceuticals made the announcing pertaining to the 517 Crore Global Sourcing Mandate.

As per the release by welcure drugs & pharmaceutical, it has executed a definition for third-party sourcing and procurement services aggregating ~ 517 Crore. The contract is with an overseas client, Fortune Sagar Impex Company Limited, Thailand.

The mandate type for welcure drugs & pharmaceutical and fortune sagar impex is for fee-based sourcing & procurement of Multiple Finished-Dosage Skus, Or Stock -Keeping UNITS.

‘The Revenue Stream for Welcure Drugs & Pharmaceutical is a Fixed 5% Commission on the cost of goods along with estimated service income of 25.85 Crore to be recognized over fy 2025-26. (Ex-works model).

The execution window of the time period for the project for welcure drugs & pharmaceutical is on a call-off base, with Mobilization of the Initial Lot Targeted Customary Prefunding Milestones Contemplated in the Mandate. The Balance Trans are expected to conclude by 30 September 2026.

Welcure’s fee-based portfolio is strengthened by the mandate with gaining further exposure to the balance sheet.

Welcure Drugs & Pharmaceutical Said That The Buyer’s Responsibility is Packaging, Labeling, Containerization, Insurance, Freight, and All Destination-Country Regulatory Clearances.

In compliance with sebi, the company will publish more information as and when subsequent call-offs are initiated, Said welcure drugs & pharmaceutical.

Small-Cap Stock under 20: welcure drugs & pharmaceutical share price movement

Small-Cap Stock under 20: welcure drugs & pharmaceutical share price open 13.25 but hit highs of 13.75, which mean gains of close to 5% for the welcure drugs & pharmaceutical share price over the previous day’s close. The intraday high level was also the upper price band of the welcure drugs & pharmaceutical share price, and hence the welcure drugs & pharmaceutical share price the upper person.

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