100% Dividend Ahead: Penny Stock Trading Below Rs 1 Hits Upper Circuit On Achieving Rs 900 Mn Revenue Mark

A noteworthy operational milestone has been announced by Pulsar International Limited, showcasing its robust development trajectory, as the company recently reported to the stock exchanges that it has successfully generated revenues from its established business verticals of about Rs 900 million (Rs 90 crore).

As of 1:45 PM IST on March 17, 2026, the share price of Pulsar International Ltd (PULSRIN) was trading at Rs 0.98 on the Bombay Stock Exchange (BSE) following the aforementioned news. With its stock price up 4.26% from its previous closing of Rs 0.94, Pulsar International is now enjoying a strong trading session, being locked in the upper circuit limit. The stock maintained a low of Rs 0.97 throughout the day, reaching its intraday high and opening at Rs 0.98. With almost 1.71 crore shares moved thus far, trading activity is quite strong.

"Following the milestone of crossing Rs 900 million in revenues from the verticals, the Company has established a growing presence and operational footprint in the relevant markets. Supported by an improving working capital cycle, the Management remains cautiously optimistic about the growth prospects of these verticals in the coming quarters. As operations continue to scale, the Company expects these segments to contribute more meaningfully to overall financial performance, subject to market conditions and business dynamics," commented the management team of Pulsar International in a statement.

"This announcement contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those anticipated due to various factors including market conditions, agricultural cycles, and regulatory changes. The Company assumes no obligation to update these forward-looking statements. We request you to kindly take the above information on your records and disseminate the same to the stakeholders," they further stated.

The stock exchanges have been notified by Pulsar International Limited of a change in the date of its upcoming Board of Directors meeting, which was initially scheduled for March 14, 2026. Due to unforeseen circumstances, the firm has now rescheduled the meeting for March 20, 2026. Declaring an interim dividend of up to 100% of the company's reserves and surplus for the fiscal year 2025-2026 is one of the important key matters to be considered in the meeting. The board will discuss a strategic corporate development strategy for Internet of Things (IoT) technologies powered by artificial intelligence (AI), in addition to the dividend announcement.

With a strategic focus on the agriculture and perishable commodities industry, especially fresh fruits, vegetables, and grain, Pulsar International Limited is a Gujarat-based company that specializes in supply chain management (SCM).