New Delhi, Aug. 13 -- A penny stock under Rs.1 hit its 5% upper circuit in intraday trade on the BSE on Thursday, 13 August, despite muted trend on Dalal Street.

While market benchmark Sensex declined by 0.40% during the session, penny stock GACM Technologies jumped 5% to hit its upper price band of Rs.0.76, a day after it reported its June quarter results.

GACM Technologies' standalone net profit for Q1FY27 stood at Rs.1.51 crore compared to Rs.1.57 crore QoQ and Rs.3.03 crore YoY.

Revenue from operations for the quarter under review came at Rs.4.10 crore compared to Rs.4.85 crore QoQ and Rs.5.87 crore YoY.

The company said it has effectively moved to a zero-borrowing position in FY26, removing a layer of financial pressure that exis...