Multibagger stock below Rs 10: Watch out for this penny stock which was locked in upper circuit on March 06
The stock gave multibagger returns of 602.13 per cent in the past 2 years whereas BSE Small-cap Index rose by only 32 per cent.
Today, one of the Top Gainers on BSE, shares of Odyssey Corporation Ltd surged and reached an upper price band of Rs 6.60 per share, after being locked in the 10 per cent upper circuit from its previous closing of Rs 6.
In a recent press release, the company announced that it will hold a meeting of Independent Directors of the Company on March 09, 2023, for the review of the performance of non-independent directors, Chairpersons and any other business with the permission of the chair.
Odyssey Corporation Ltd is a Non-Banking Financial Company (NBFC) having a market cap of Rs 26 crore. The company is engaged in the trading of goods, trading in shares, selling of film rights, commercial loans and consultancy. Some of its feature films include Khatta Meetha, Double Dhamaal etc.
Recently, Odyssey Corporation declared its Quarterly Results, wherein the company reported excellent numbers. In Q3FY23, net profit skyrocketed 246.51 per cent compared to Q3FY22. The net sales skyrocketed 364.33 per cent in FY22 compared to FY21.
The shares of the company saw a spurt in volume by more than 1.27 times on BSE. The stock gave multibagger returns of 602.13 per cent in the past 2 years whereas BSE Small-Cap Index rose by only 32 per cent. This penny stock should be kept under the radar for upcoming trading sessions.