When folks suppose of investing cash within the stock market, they all the time select large corporations for his or her funding. However, generally some small corporations additionally give large income to traders. The penny stock about which we’re going to inform you as we speak is repeatedly going by means of higher circuit. However, a decline was additionally seen in the previous few days.
What is the title of penny stock?
The title of the penny stock we’re speaking about is Integra Essentia. This stock is experiencing back-to-back higher circuits since final two classes. On December 10, shares of Integra Essentia reached Rs 3.38 with an higher circuit of 5 p.c. Whereas, if we discuss 52 week excessive of this share, it is Rs 7.56. Talking about as we speak solely, 15.8 lakh shares have been traded on NSE.
what does the corporate do
Integra Essentia grew to become a public restricted unit on 3 January 2012. However, it was later built-in and renamed as Integra Garments and Textiles Limited following a complete scheme of association and amalgamation in June 2012. Then in a while 16 February 2022, its title was modified to Integra Essentia Limited. Now this firm works in sectors like meals gadgets, clothes, infrastructure and power.
How have been the quarter outcomes?
If we glance at the shareholding sample of Integra Essentia until September 30, 2024, it exhibits that the promoters have lowered their stake within the firm from 20.81 p.c to 15.98 p.c. At the identical time, home traders have additionally lowered their stake within the firm. DII has lowered its stake within the firm from 1.07 p.c to 0.39 p.c. Whereas, overseas traders have elevated their stake.
(*7*): (The data offered right here is being offered for data solely. It is vital to observe right here that funding available in the market is topic to market dangers. Always search knowledgeable recommendation earlier than investing cash as an investor. ABPLive.com doesn’t advise anybody It is by no means advisable to make investments cash right here.)
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