Three smallcap stocks experienced significant gains on Thursday, September 10, with Shakti Pumps leading at 8%, marking its biggest single-day gain of 2026. According to reports from CNBC TV18 and Moneycontrol, Dilip Buildcon gained over 6% following strong business updates, while IRB Infra rose 4% after reporting robust financial performance. The gains were primarily driven by major order wins and positive business developments across all three companies.
Shakti Pumps received a Letter of Empanelment from MSEDCL for 10,000 off-grid Solar Photovoltaic Water Pumping Systems with a total value of ₹235.92 crore. As reported by CNBC TV18 and Moneycontrol, the order will be executed within 60 days and will be accommodated under the state's Magel Tyala Saur Krushi Pump Yojana. The contract covers 10,000 pumps of 3 HP, 5 HP and 7.5 HP capacity across Maharashtra, representing a significant expansion from the previously reported ₹236 crore order value.
Dilip Buildcon secured the authorization for laying, building, operating and expanding the LPG pipeline from Paradip in Odisha to Raipur in Chhattisgarh with an EPS value of nearly ₹1,800 crore. According to exchange filings reported by CNBC TV18 and Moneycontrol, the project will be implemented through a Special Purpose Vehicle with Dilip Buildcon holding 100% stake and executed over three years. The company received the Letter of Intent (LOI) from the Petroleum and Natural Gas Regulatory Board (PNGRB) for the authorization.
IRB Infra shares gained 4% following its business update for August, which showed toll collection revenue increased by 25% compared to the previous year. As reported by CNBC TV18 and Moneycontrol, the company's management indicated that with the upcoming festive season, traffic is likely to remain higher and contribute to business momentum going forward. The company reported toll revenue of ₹807.4 crore in August 2026, compared to ₹646.2 crore in the year-ago month, demonstrating strong operational performance.
