Debt-free penny stock under Rs 10 was locked in 20 per cent upper circuit; Board allots 1,15,20,000 shares to promoters & non-promoters! – Dalal Street Investment Journal

A debt-free penny stock priced under Rs 10 saw a significant surge as it hit a 20 per cent upper circuit. The company’s board has decided to allocate a total of 1,15,20,000 shares to both promoters and non-promoters. This development has caught the attention of investors and traders alike, as they closely monitor the stock’s performance on Dalal Street.