New Delhi, March 19 -- Integrated Hitech share price was locked in a 20% upper circuit at Rs.4.94 apiece on the BSE on Thursday, extending its rally for the fifth consecutive trading session. The penny stock has now hit the upper circuit for the third straight session and has surged 79% over the past five trading days.

The rally in Integrated Hitech share price comes even as the Indian stock market crashed today following weak global cues. The benchmark indices Sensex and Nifty 50 tanked more than 2% each, weighed down by heavy selling across sectors.

Integrated Hitech shares gained ahead of the meeting of the company's board of directors, scheduled to be held on Friday, March 20, to consider the fundraising plan.

The board of director...