Advik Capital, a penny stock priced under ₹5, saw a surge in its share price as it hit the upper circuit following the release of its Q1 results for 2024. The non-banking financial company (NBFC) reported positive financial performance, prompting investors to buy up shares and drive the price up. This news comes amid ongoing volatility in the stock market. Investors are keeping a close eye on Advik Capital and its potential for growth in the coming quarters.