Highest Volume by Penny Stock: Hits Upper Circuit, Up 45 Per Cent from 52-Week Low in Just Two Days – Big Development Underway?
Highest Volume by Penny Stock: Hits Upper Circuit, Up 45 Per Cent from 52-Week Low in Just Two Days – Big Development Underway?
The stock up by 45 per cent from its 52-week low in just two trading sessions
With this strong uptrend from the 52-week low, the stock has touched a three-month high on Wednesday. Keep an eye on this penny stock, as such strong moves, backed by robust volume, often suggest that significant developments may be underway.
Stock Below Rs 15 Trades at a Discount to Book Value: One-Time Settlement Reduces Debt – Is a Big Move Ahead Like PC Jeweller?
The stock captured investors' attention by hitting its upper circuit limit of 20 per cent on Friday, marking a significant surge in trading activity.
The stock recorded its highest single-day volume since listing, with 66.08 lakh shares traded on the NSE—an eightfold increase compared to its 10-day average volume of 8.48 lakh shares.
Rs 3.17 Penny Stock with Increasing Promoter Stake and Improved Debtor Days
One penny stock that meets both criteria and has been in operation since 1985 is
The promoters hold the highest stake since June 2021. More importantly, the company’s debtor days have improved substantially from 126 days in March 2021 to 34 days in March 2024
Penny Stock Sees Highest Ever Volume: Is a Big Development Coming?
The surge in both price and trading volume suggests that something significant may be developing with this penny stock
For comparison, the average volume over the past 30 weeks stands at 28.54 lakh shares, marking a more than seven-fold increase. The stock also achieved a fresh 52-week high during this period.
Penny stock below Rs 2: 3,200 per cent jump; Board approves 57,00,00,000 preferential allotment- debt free company!
This stock has been consistently hitting upper circuits, recently achieving a fresh 52-week high
With a book value of Rs 1.88 per share, stock currently trades at a mere 0.70 times its book value, further enhancing its allure. Additionally, the company boasts nearly zero debt, adding to its appeal
Penny stock at Rs 20: Receives Rs 8,00,00,000 order from Mahindra & Mahindra; Keep an eye on this!
With a client roster spanning private corporations, government entities, and PSUs
What transpired was nothing short of momentous: the company found itself at the receiving end of a work order, a behemoth in scale compared to its humble market valuation, amounting to a staggering Rs 8,00,00,000.
Record-high FIIs stake in penny stock: Huge buying by FIIs, revenue jumped by 3,540 per cent, company turned profitable!
In terms of quarterly performance, Julien Agro Infratech Ltd showcased impressive growth, reporting a revenue of Rs 5.46 crore in Q3FY24
An intriguing development surrounding the stock pertains to its Foreign Institutional Investors (FIIs) holding, which surged to a record high of 1.98 per cent as per the shareholding pattern for the December 2023 quarter, up from the previous figure of 0.50 per cent.
Renewable Energy penny stock below Rs 15 registers a solid breakout; don’t miss out on the action as the company signed an agreement with Tesla Power!
The stock is a penny stock priced below Rs 15 and has a market cap of Rs 756 crore.
The breakout of the consolidation range is supported by strong volume, exceeding three times the 30-day average volume of 2.1 crore shares per day, highlighting larger participation in the direction of the trend. The daily MACD has generated a bullish crossover, validating a positive bias
Big order alert: This multibagger penny stock below Rs 20 received order worth of Rs 1,97,79,00,000!
This stock has delighted its investors with multibagger returns, soaring above 100 percent in the past year
As if that weren't enough, in the quarter that ended in June 2023, the company reported an operating profit of Rs 0.03 crore, a remarkable turnaround from the loss of Rs 0.83 crore in the previous quarter, which ended in March 2023.
Stock below Rs 25 receives order worth Rs 10.84 crore from SBI and University of Delhi; hits 52-week high!
Promoters have increased holdings from 65.77 per cent to 65.81 per cent in March 2023 quarter.
The stock has seen an unprecedented run-up in the last one-year of 312.7 per cent. As a result, the stock has been a multibagger stock in just one-year. The stock has outperformed the Nifty50 index by a wide margin.
Penny stock Alok Industries rallies over 11 per cent, here’s why!
What is the reason for this up-move in the stock?
The stock has jumped over 11 per cent on Wednesday and with this strong up-move it has recorded one of its best days in the near term. Interestingly, this up-move in the stock is seen on the back of huge volumes
This penny stock doubled investors' wealth in just 17 trading sessions!
The scrip was locked at the upper circuit limit of 5 per cent and at the same time, it touched a fresh 52-week high.
“25 din mein paisa double”. While this line has inspired many memes and many may think it can be true in dreams only, on D-Street, this turned out to be a reality.