5:1 Stock Split: Penny Stock Under Rs 50 Hit 20 Per Cent Upper Circuit & Fresh 52-week High With Heavy Volume On October 18 – Dalal Street Investment Journal

On October 18, a penny stock valued under Rs 50 experienced a 5:1 stock split, leading to a 20% increase and hitting its fresh 52-week high. The stock also saw heavy trading volume, causing it to reach the upper circuit. This significant movement is notable for investors and traders alike.