Penny stock under Rs.1 hits 5% upper circuit after provisional Q1 results
New Delhi, Aug. 11 -- A penny stock under Rs.1 hit its 5% upper circuit on the BSE on Tuesday, 11 August, defying weak market sentiment, after provisional Q1FY27 results. Shares of NCL Research and Financial Services hit a 5% upper circuit of Rs.0.64 in the first half of the session and remained locked at that level through the session, eventually ending at that level. The stock extended gains for the second consecutive session, rising 8.5% overall in these two days.
During market hours on 11 August, NCL Research reported its provisional financial results for the quarter ended 30 June.
The company reported a profit of Rs.1.13 crore for Q1FY27 compared to a loss of Rs.5.59 crore QoQ and a profit of Rs.1.70 crore YoY. Its total revenue fr...
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