Nitco’s stock had a moment of glory in early Tuesday trading, surging 5% to touch ₹147.55 on the BSE after securing a hefty ₹105.40 crore order from Prestige Estates Projects. The deal spans six months and involves supplying tiles, marble, and mosaics—a boost that has the market buzzing about this small-cap multibagger. Nitco expects an additional ₹104 crore in orders from Prestige Estates, based on current projects. Despite the recent losses, Nitco has been on an impressive run. The stock hit its 52-week high of ₹148.50 on December 12, 2024, a far cry from its low of ₹27.14 a year ago. For morning, Nitco’s meteoric rise seems to have no ceiling, though it remains to be seen how sustainable this rally will be amid its ongoing financial challenges.