Stock below Re 1: Keep an eye on this stock, which was locked in the upper circuit on February 10
Today, shares of the company saw a spurt in volume by more than 2.41 times on BSE.
One of the Top Gainers on Friday, shares of NCL Research & Financial Services Ltd surged and reached an upper price band of Rs 0.50 per share, after being locked in the 20 per cent upper circuit from its previous closing of Rs 0.42.
Talking about the financials, NCL Research & Financial Services Ltd has a market cap of Rs 12.92 crore. The company reported excellent results in its quarterly and annual financial statements. In the December quarter (Q3) net sales skyrocketed 179 per cent and net profit skyrocketed 380 per cent over the same quarter last year. The recent substantial acquisition of shares and takeover by "JABIR MOHD SILAWAT" has resulted in some new buying on Friday, which was the main cause of sudden rise in stock price.
Incorporated in 1985, NCL Research and Financial Services Ltd is engaged in the business of finance and investments in the capital market. In the last 5 years the stock has given 25 per cent returns.
The stock has a 52-week high of Rs 1.77 and a 52-week low of Rs 0.40. Today, shares of the company saw a spurt in volume by more than 2.41 times on BSE. Investors should keep an eye on this Small-Cap stock.