New Delhi, July 3 -- Shares of penny stock IFL Enterprises surged nearly 3 percent in intra-day trade on Thursday, July 3, after the company informed exchanges about a strategic board meeting scheduled for July 17, 2025. The meeting will evaluate potential expansion into two high-demand verticals: Organic Waste Management & Recycling and Green Energy Powerplant Contracting.

In an exchange filing, IFL Enterprises said, "The Board of Directors of the company will convene a meeting to discuss potential expansion into new business verticals. The key agenda items include the company's entry into Organic Waste Management & Recycling and Green Energy Powerplant Contracting."

The company's move is in line with its broader strategy to diversify ...