This penny stock has become the talk of the town among dividend investors on D-Street, and for good reason. Despite its small market cap of just 3.35 crore, the stock has been making waves, having recently hit its upper circuit limit of 5 per cent at a level of Rs 11.

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As a result of recent vigorous trading activity, dividend payout and an increase in the volume of more than 3.72 times on the BSE today, the company's stock price has risen dramatically today.

As per one of the studies undertaken in the USA, it was observed that capital gains accounted for only 53 per cent of all shareholders' gains whereas the other 47 per cent was generated from dividend payoffs.