Shares of Integrated Industries Ltd. surged for the fifth consecutive session on Friday, hitting the 5% upper price band of ₹28.09 for the second straight day. The rally comes after the company announced its board will meet on November 28, 2025, to consider a fundraising proposal.

Fundraising Proposal Drives Momentum
The small-cap company informed exchanges that its board will evaluate raising funds through the issuance of equity shares or warrants convertible into equity shares. The fundraising may be conducted via permissible routes, including preferential allotment, subject to regulatory and shareholder approvals.

Strong Financial Performance
The company reported robust Q2 FY26 results:

• Net profit surged 104% year-on-year to ₹29.9 crore
• Revenue from operations grew 54% to ₹286.9 crore
• EBITDA doubled to ₹30.7 crore, with margins expanding to 10.7%

For the first half of FY26, net profit doubled to ₹54.7 crore while revenue increased 64% to ₹536.7 crore, demonstrating sustained growth momentum.

Management Optimism
Managing Director Saurabh Goyal attributed the strong performance to "demand recovery, enhanced distribution and operational efficiencies." He highlighted the successful integration of subsidiary Nurture Well Foods, which has driven growth in the biscuit and bakery portfolio. The company has expanded its distribution network across North India and increased exports to Africa and the Middle East.

Remarkable Long-Term Returns
Despite a 30% decline over the past year, the stock has delivered extraordinary long-term performance, soaring 56,000% over five years. Recent performance shows recovery with gains of 11% over six months and 41% over three months.

Integrated Industries, incorporated in 1995, manufactures organic and inorganic food products and bakery items through its subsidiary Nurture Well Foods Ltd.