Shares of a non-banking financial company gained over 10 per cent on Thursday i.e. May 62025 even as the market remained volatile. The stock opened gap up at Rs 0.40 with a gain of 2.56 per cent from the previous close of Rs 0.39 on the BSE. It gained further to touch the intraday high of Rs 0.43. This is a surge of over 10 per cent from the previous close. Last seen the counter was trading at Rs 0.41 with a gain of 5.13 per cent. The stock under discussion is Standard Capital and it has gained as the board has authorised the allocation of 7900 unrated unlisted secured NCDS with face values of Rs 1 lakh each at an issue price of Rs 1 lakh the company previously told the exchanges. In furtherance to our intimation letter dated April 30 2025 & May 02 2025 & 05th May 2025 relating to raising funds by the issue of Non-Convertible Debentures (“NCDs”) on Private Placement basis and by Regulation 30 of SEBI LODR Regulations we wish to inform you that the Board of Directors of the Company by circulation held today i.e. Tuesday May 06 2025 has inter- alia considered and approved the allotment of 7900 unrated unlisted secured NCDs of face value of Rs. 100000/- each at an issue price of Rs. 100000/- each aggregating to INR 790000000 (Indian Rupees Seventy Nine Crores Only) on Private Placement basis in terms of Private placement cum application letter the company said in a exchnage filing. Meanwhile benchmark indices Sensex and Nifty began the day on an optimistic note on Thursday but later turned volatile. The 30-share BSE benchmark gauge climbed 181.21 points to 80927.99 in early trade. The NSE Nifty went up by 32.85 points to 24447.25. Investors stayed on the sidelines amid rising geopolitical tensions. In a strong retaliation to the Pahalgam massacre Indias armed forces early on Wednesday destroyed nine terror sites including those of Jaish-e-Mohammad and Lashkar-e-Taiba in Pakistan and Pakistan-occupied Kashmir (PoK) using deep strike missiles in a 25-minute-long measured and non-escalatory mission.