Penny stock hits upper circuit on order win from BEML, check details – Business Today

Shares of a penny stock surged to hit the upper circuit after securing a significant order from BEML. The stock witnessed a sharp rise in demand as investors reacted positively to the news. The order win from BEML served as a major catalyst for the stock’s upward movement.

BEML, a leading manufacturer of heavy equipment for defense and mining sectors, awarded the order to the penny stock for its quality products and competitive pricing. The details of the order were not disclosed, but it was enough to propel the stock to its upper circuit limit.

Investors closely monitored the penny stock’s performance following the order win, with many expecting further gains in the near future. The positive sentiment surrounding the stock was evident as it continued to trade at its upper circuit limit throughout the trading session.

The penny stock’s success in securing a significant order from BEML highlights its strong potential for growth and expansion in the market. Investors are optimistic about the stock’s prospects and are eagerly awaiting further developments.