21 Nov 2025 | 3 Mins Read

Small-cap pharma stock surges over 10% amid Indian market dip

Flipitmoney

Shares of Balaxi Pharmaceuticals Ltd. soared 10% in intraday trade on Friday, November 21, to ₹39.5 apiece, despite broader weakness on Dalal Street. The stock has dropped 47.42% in 2025 and 11.50% in November. It reported a weak Q2 FY26 performance, with revenue falling 27.4% and EBITDA plunging 88.9%.