New Delhi, April 13 -- Shares of A-1 were capped at the 5% upper circuit for the second consecutive day on Monday, April 13, despite the stock market today faced pressure. The surge in the penny stock price followed the company's announcement that more than 90% of its tanker and vehicle fleet is now free of debt, with the remaining obligations anticipated to be settled within the year. By October 2026, the company has set a goal to have a completely owned, 100% debt-free fleet.

Moreover, A-1 Ltd is in the process of enhancing its fleet by incorporating 10 multi-axle vehicles/tankers as part of its expansion strategy. The company also emphasized its ongoing initiatives to bolster its logistics operations, with the enlarged fleet expected ...