Kandal M Venture shares surge 29.81% after-hours on strong FY2026 customer orders and revenue growth.

Kandal M Venture surged 29.81% in after-hours trading, driven by recent reports of $6.7 million in customer orders for fiscal year 2026 and a 23% revenue increase in the fiscal year ended March 31, 2025. These developments, announced in September and November 2025, highlighted improved operational performance and order momentum, overshadowing earlier concerns about CEO Ngee Woon Lim’s resignation in June and potential delisting risks. The stock’s sharp rebound aligns with renewed investor confidence in its business outlook following the IPO completion in June and updated financial results.