Excel Realty N Infra Surges 2%: Upper Circuit Hit Amid Fundraising Plans

In a volatile stock market today, penny stock Excel Realty N Infra caught investors’ attention by hitting the 2% upper circuit at ₹1.54 apiece on the NSE. The surge snapped its five-day losing streak and was backed by a sharp spike in trading activity.

Around 1 crore shares of Excel Realty changed hands on September 24. This is significantly higher than the one-month average trading volume of 54 lakh shares. The unusual jump in volumes was the clear highlight of the day’s trade, showcasing renewed activity in this smallcap counter.

Adding to the buzz, the company informed exchanges that its Board of Directors will meet on October 6, 2025. The key agenda is to consider fresh fundraising proposals and an expansion of authorised share capital. Here’s what the company is evaluating:

- Fundraising limit enhancement: From the earlier ₹500 crore to up to ₹2,500 crore. - Possible routes: Preferential allotment, convertible warrants, FCCBs, QIP, or other permissible instruments. - Authorised share capital: Proposed hike from ₹500 crore to ₹2,500 crore, subject to shareholder and regulatory approvals.

The disclosure was made in a regulatory filing dated September 23. The latest proposal comes just weeks after the board had already approved fundraising of up to ₹500 crore in its August 29, 2025 meeting. The fresh move indicates a more ambitious plan to scale operations and strengthen the balance sheet.

Additionally, the company notified that the trading window for directors and specified persons will remain closed till October 8, 2025, in line with compliance norms.

Excel Realty’s share price has displayed strong momentum over various timeframes. Here’s a snapshot of its market journey:

- 1 month: +16% - 3 months: +79% - 6 months: +90% - YTD 2025: +23% - 2 years: +285% - 5 years: +2,100%

The multiyear performance reflects the penny stock’s sharp trajectory, making it one of the notable movers in the smallcap segment. The stock market today spotlighted Excel Realty N Infra as the penny stock broke its losing streak and hit the upper circuit, supported by heavy trading volumes. With the upcoming board meeting to discuss a potential ₹2,500 crore fundraising plan and expansion of authorised share capital, the stock remains in focus.

Its past performance numbers highlight the company’s ability to deliver steep returns over longer periods, cementing its place among high-volatility smallcap counters.