FIIs bought 8,92,07,640 shares: Power penny stock under Rs 20 reports a turnaround net profit in Q1FY25; Rockets over 250 per cent in just 1 year! – Dalal Street Investment Journal

Foreign institutional investors (FIIs) recently purchased a whopping 8,92,07,640 shares of a power penny stock priced below Rs 20. This stock, which had previously been struggling, reported a significant turnaround in net profit during the first quarter of the fiscal year 2025. As a result, the stock has seen a remarkable increase of over 250% in just one year.

This impressive performance has caught the attention of investors on Dalal Street. The stock has become a hot topic of discussion among traders and analysts alike. The sudden surge in net profit and the subsequent rise in the stock price have left many wondering about the reasons behind this unexpected success.

The stock’s meteoric rise serves as a reminder of the potential for growth and profit in the stock market. Investors are now closely watching this power penny stock to see if it can sustain its momentum and continue to deliver strong financial results in the future.