Penny stock Gujarat Toolroom completes fundraising via QIP; share hits 5% upper circuit | Stock Market News – Mint

Gujarat Toolroom, a penny stock company, recently completed a fundraising round through Qualified Institutional Placement (QIP). This news caused the company’s shares to hit the upper circuit of 5% in the stock market. Gujarat Toolroom’s successful fundraising through QIP is a positive development for the company. Investors should keep an eye on the company’s future performance in the stock market.