Penny stock under Rs 5 hits back-to-back 33 upper circuits; rallies 400 per cent!
Penny stock under Rs 5 hits back-to-back 33 upper circuits; rallies 400 per cent!

Penny stock under Rs 5 hits back-to-back 33 upper circuits; rallies 400 per cent!

Would this stock continue its upward trend, or it would be a case of pump and dump?

Karan Dsij Article rating: 3.8

The stock embarked on this journey on December 12, 2022, and thereafter, there is no looking back as it has gone from strength to strength and within no time from Rs 0.52 it touched the level of Rs 2.62 on January 27, 2023.

Penny Stock turned Multibagger in just 2 weeks; hits back to back four upper circuits; do you own it?
Penny Stock turned Multibagger in just 2 weeks; hits back to back four upper circuits; do you own it?

Penny Stock turned Multibagger in just 2 weeks; hits back to back four upper circuits; do you own it?

The stock has almost turned multibagger in the last 14-trading sessions as on MTD basis. Certainly, this stock has defied gravity!  

Karan Dsij Article rating: 4.0

Interestingly, the back-to-back upper circuit has been seen on back of robust volumes, as volume has been above the 50-days average volume for the last four trading sessions.  

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