Penny Stock Below Rs 50: Locked In 5% Upper Circuit, Record Date For Final Dividend Declared – Goodreturns

Penny stocks priced below Rs 50 have been performing well, with many of them hitting the 5% upper circuit. This means that the stocks have seen a significant increase in value and are now restricted from further trading for the day.

In addition to this positive news, companies with penny stocks have also been declaring record dates for their final dividends. This is good news for investors, as it indicates that these companies are in a strong financial position and are able to reward their shareholders with dividends.

Overall, penny stocks below Rs 50 are proving to be a lucrative investment option for many investors. With the upper circuit in place and final dividends being declared, now may be a good time to consider adding these stocks to your portfolio.