Penny stock under 10 Rupees | Stock shows resilience against sell-off in India stock market
New Delhi, Aug. 27 -- Globe Enterprises share price showed resilience in Thursday's trading session amid sell-off in the Indian stock market.
The penny stock opened in the red but soon recovered, turning positive and gaining over 1.47%. However, the momentum was short-lived as the stock made a sharp reversal, slipped back into the red, and fell over 1% on the NSE.
The penny stock touched an intraday high of Rs.2.07 and intraday low of Rs.2.04 on NSE.
Meanwhile, benchmark indices Sensex and Nifty opened lower on Thursday. In early trade, the 30-share BSE Sensex declined 45.17 points to 77,422.70, while the 50-share NSE Nifty slipped 6.40 points to 24,202.45.
Globe Enterprises reported a strong revenue growth alongside continued expansi...
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