Kandal M Venture shares rise 34.96% intraday after reporting $6.7M in FY26 customer orders.

Kandal M Venture (FMFC) surged 34.96% intraday following the announcement of $6.7 million in customer orders for fiscal year 2026, reported in late September and reiterated in November 2025. The company also confirmed trading resumption in October 2025 after a volatility-induced pause, signaling improved market confidence. Recent updates highlighted robust revenue growth of 23% for the fiscal year ended March 31, 2025, and the full exercise of its IPO over-allotment option in July 2025, which raised $8 million. These developments collectively reinforced investor optimism about the company’s operational momentum and liquidity, despite earlier delisting concerns. The surge aligns with positive news about order intake and financial performance, overshadowing prior risks.