Alkali Metals Ltd (ALKALI) surged nearly 20% yesterday

Alkali Metals Ltd (ALKALI) surged nearly 20% yesterday, closing at ₹86.68 on the BSE, making it the biggest gainer in the ‘B’ group despite weak financials and ongoing governance changes. The rally came after unusually high trading volumes, though fundamentals remain stressed with declining revenues and operating losses. 📊 Latest Stock Movement (Sept 18–19, 2026) Price: ₹86.68 (up 19.99% on Sept 18) Day Range (Sept 19): ₹72.05 – ₹87.66 52-Week Range: ₹46.80 – ₹107.38 Volume: 133,798 shares traded (vs. avg. 3,876 shares) – indicates unusual investor activity. 🏭 Financial Performance Q1 FY27 Revenue: ₹18 crore (down 38.8% QoQ) Operating Profit: -₹1 crore (loss) Net Profit: -₹1 crore (loss) EPS: -₹0.63 (negative earnings per share) Margins: Negative for 3 consecutive quarters, showing sustained financial stress.