LIC-backed penny stock below Rs 20- Could it be the next Suzlon Energy? Company reports record profit! LIC-backed penny stock below Rs 20- Could it be the next Suzlon Energy? Company reports record profit! The company reported a record profit of Rs 75 crore in the quarter ending September 2023, marking the highest profit since September 2016. Karan Dsij / Sunday, November 12, 2023 / Article rating: 4.0 The stock has been on an upward trajectory, surging over 760 per cent in the last three years. The past week alone witnessed a remarkable gain of 14.52 per cent, propelling the stock to a fresh 52-week high of Rs 18.35.