Ashika Global Securities shares climbed approximately 3% in Thursday's trading session on the National Stock Exchange of India, riding a wave of broader market recovery.
The small-cap brokerage firm opened at ₹468.50, up from the previous close of ₹461.30, as investors rotated back into risk assets following a period of volatility.
The move reflects a wider stabilization in Indian equities, where sentiment has improved after recent corrections.
While large-cap indices have shown resilience, small-cap stocks like Ashika Global Securities are seeing renewed interest as liquidity returns to the market.
The stock's performance mirrors a broader trend of recovery among smaller listed entities that had faced selling pressure in prior weeks.
This rebound comes as Indian markets digest mixed global cues and domestic economic data.