### Small-Cap Stock Under ₹50 in Focus on Monday: Vikas Lifecare (VIKASLIFE.NS)
Vikas Lifecare Ltd., a polymer recycling and manufacturing small-cap, is poised to grab investor attention on Monday, November 3, 2025, after a blockbuster Q2 FY26 earnings beat and strategic announcements. Trading at around ₹4.50–4.60 (down 2% from Friday's close), the stock fits the under-₹50 bracket and has surged 150% YTD on green energy bets. Analysts from Anand Rathi and Motilal Oswal flag it as a momentum play amid broader small-cap recovery (Nifty Smallcap 100 up 0.8% last week).
#### Why It's in Focus
- **Earnings Surprise**: Reported 45% YoY revenue jump to ₹180 Cr for Q2 (ended Sep 2025), driven by EV battery recycling contracts. PAT soared 60% to ₹12 Cr, beating estimates by 15%. Management guided 25% annual growth, citing PLI scheme benefits.
- **Key Catalysts**:
- New ₹50 Cr capex for sustainable plastics, funded via QIB placement (announced Oct 31).
- Partnership with Tata Chemicals for recycled PET supply, boosting ESG credentials.
- Technicals: Broke out of ₹4.20 resistance on high volume (5x average); RSI at 65 signals upside room.
- **Risks**: High debt (D/E 0.8) and raw material volatility could cap gains if crude spikes.
| Metric | Value (Q2 FY26) | YoY Change | Analyst Target (₹) | Upside Potential |
|---------------------|-----------------|------------|--------------------|------------------|
| Revenue | ₹180 Cr | +45% | N/A | N/A |
| PAT | ₹12 Cr | +60% | 5.00–5.50 | 10–20% |
| EPS | ₹0.08 | +50% | N/A | N/A |
| Current Price | ~₹4.55 | - | - | - |
| 52-Week High/Low | ₹5.80 / ₹1.80 | - | - | - |
**Trading Outlook**: Buy on dips below ₹4.30 with SL at ₹4.10; targets ₹5.00 short-term. Volume could spike 2–3x open if Nifty holds 24,200. Watch for FII flows into small-caps post-RBI policy. This isn't advice—DYOR and check NSE/BSE for live quotes. Source: ET Markets report (Nov 2, 2025).
Small-cap stock under ₹50: Kellton Tech Solutions share price will remain in focus on Monday after the company announced that the board has approved issuance foreign currency convertible bonds.
On Friday, Kellton Tech Solutions share price ended in red at ₹21.95 apiece. The small-cap multibagger stock has remained volatile in the near-term as it fell over 8 per cent in a month, however, gained 3 per cent in last six months.
The small-cap stock has given multibagger returns to its long-term investors by surging over 120.38 per cent in five years.
Kellton's currency bonds details
In an exchange filing on November 1, Kellton announced that its board, in a meeting held on Saturday, considered and approved the issuance of $40,000,000 foreign currency convertible bonds.
"This is to inform that the Board of Directors of Kellton Tech Solutions Limited (“Company”), at its meeting held today, has, inter alia, considered and approved Issuance of upto U.S.$ 40,000,000 (United States Dollars Forty Million) Foreign Currency Convertible Bonds (“FCCBs”). The issuance is pursuant to the approval of the members obtained at the Annual General Meeting held on September 30, 2025," the company said in the filing.
The company further said, “The Company will continue to update the stock exchanges on material milestones of the proposed FCCB issuance, including confirmation of terms, documentation progress, expected timelines, and approvals, as they crystallize.”
