RFBL Flexi Pack Limited shares climbed 3.6% on Tuesday, June 30, reaching a record high of ₹86.05 on the National Stock Exchange's SME platform.
The rally was driven by the company's announcement of a new ₹20 crore order for transparent and metallized films, signaling robust demand in its core packaging segment.
The stock's outperformance stood in stark contrast to the broader Indian equity market, which traded on a subdued note amid lingering concerns over US interest rate policy.
While benchmark indices faced headwinds from global macro uncertainty, RFBL Flexi Pack's specific corporate catalyst provided a clear directional signal for investors focused on the small-cap space.
This development adds to recent activity on India's SME platforms, where individual stock momentum has occasionally decoupled from broader market trends.
Earlier this week, Diksha Polymers shares hit the 5% upper circuit on the Bombay Stock Exchange's SME platform following a modest listing premium, highlighting the volatility and opportunity present in these smaller listings.