When the broader Indian stock markets move like a swinging pendulum, it’s often the NSE SME stocks that surprise you. On December 11, Nandani Creation's share price delivered one such moment—small, steady, and noticeable.
Despite a choppy day on Dalal Street, the sme stock managed to move higher, catching attention in a market where both Sensex and Nifty struggled to find direction.
Market Performance: Sensex & Nifty Struggle for Direction
The mood across the stock market today was uncertain. Traders watched benchmark indices move back and forth without a clear trend.
- Sensex high: 84,628.16
- Sensex low: 84,150.19
It was the kind of day where the Nifty today and Sensex today didn’t offer much support to smaller counters. Yet, Nandani Creation, listed on nse sme, held its ground and climbed.
Main News: Nandani Creation Share Price Edges Up Over 2.5%
The spotlight came when Nandani Creation's share price gained more than 2.5% intraday, touching ₹29.73, a rise of 2.6% at the day’s high.
The move stood out mainly because the momentum came on a day lacking broader market cues. But even with the uptick, the stock still trades nearly 50% below its 52-week high of ₹59, recorded in February 2025.
The stock’s journey over the past year shows its pressure points:
- 12-month change: –14%
- 6-month change: –34%
- 3-month change: –27%
- 1-month change: –15%
- December so far: –10%
- November: –16%
Yet, there’s another side to this story. Over the long term, Nandani Creation remains one of those multibagger stocks that rewarded early believers with a 123% surge, earning its multibagger tag on the nse sme stocks list.
Company Details: What Sparked the Latest Move?
The rise came just a day after a development that naturally pulled attention back to the company.
Nandani Creation Ltd, the brand behind Jaipur Kurti, announced a strategic partnership with Reliance Centro.
The update didn’t just sit quietly—it created interest around the sme stocks category again.
The company shared that the tie-up is a major step in boosting its offline retail presence. With this association, Jaipur Kurti products will now be placed across 12 Reliance Centro stores across India, expanding visibility in multiple high-footfall locations.
To understand the scale of this move, here are the key details:
- Expansion across 12 stores nationwide
- Placement in high-footfall retail zones
- Enhanced reach for Jaipur Kurtis’ offline presence
- Broader consumer visibility in a national fashion chain
Reliance Centro is known for a wide mix of apparel, footwear, accessories, cosmetics, and travel essentials. The collaboration aligns with Jaipur Kurti’s focus on quality, accessibility, and a better customer experience.
Nandani Creation highlighted how this step strengthens its D2C ecosystem. The company continues working on integrating its digital and offline channels to offer an omnichannel experience—especially important as India’s women’s ethnic wear market grows steadily.
The company’s leadership expressed that the partnership reflects its long-term commitment to expanding retail reach while staying true to style and experience values.
Summary: A Small Rise Amid Big Volatility
On a day when the Nifty 50, Sensex, and broader markets moved without a clear trend, Nandani Creation's share price managed a notable rise of over 2.5%, hitting ₹29.73. The stock still sits nearly 50% below its 52-week high and continues to show weakness across shorter time frames.
But the long-term story remains marked by a 123% rise, which cemented its place among multibagger stocks in the SME space.
The latest trigger—its partnership announcement with a major fashion retail format—added fresh interest to the counter, especially within the nse sme and Indian stock markets ecosystem.
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