IRM Energy Ltd surged 87% in April after being added to InvestingPro’s AI‑picked Bharat Small Cap Gems strategy on April 1.
AI rationale highlighted deep‑value metrics: price at 46% of 52‑week high, P/B 0.76x, current ratio 2.32, and Q3 FY26 profit up ~38% YoY.
Growth outlook is supported by 125 CNG stations, an ₹8,600 cr expansion plan, and long‑term gas deals with GSPC and Shell India.
Overall Indian small‑cap AI picks saw seven stocks up >7% in April, with three exceeding 25% gains, contributing to a near‑7% Nifty rise.