Penny Stock Priced Under Rs 11 Bags Order Worth Crores, Stock Hits Upper Circuit

Penny stock priced under Rs 11, Pressure Sensitive Systems (India) Ltd's subsidiary Global Markets Insights IT Services LLC bagged an order worth crore from Dubai based entity on February 28, 2023. The stock hit upper circuit as well as lower circuit on February 28. The stock gained 0.70% intraday and current market price is Rs 10.04 apiece on BSE. It has given 690% return in last 1-year. Check details below:

1. Pressure Sensitive Systems Bags Order From Dubai Based Entity

According to the BSE filing of the company, "The Company is pleased to announce that Wholly Owned Subsidiary Company of our Company - Global Markets Insights IT Services LLC has received an order for building VR Reality modules for the Dubai based entity Wahat Al Butain General Trading LLC."

The size of the order is worth 4.1 crore.

2. Pressure Sensitive Systems (India) Stock Performance & Return

The last trading price of the stock is Rs 10.04 apiece with intraday gain of 0.70%. The stock's 52-week high is Rs 20.26 apiece and 52-week low is Rs 1.20 apiece, respectively.

The company has a market capitalisation of Rs 148.96 crore. The stock gave over 1% in last 3-months, 28% in last 6-months, and 690% return in last 1-year.

3. Pressure Sensitive Systems (India) About

Pressure Sensitive Systems India Ltd is engaged in the manufacturing of cloth tapes. It produces nylon, rayon, cotton, and fiberglass tapes. Pressure Sensitive Systems (India) Ltd. Company is a company that is listed on the Bombay Stock exchange (BSE) and the National Stock Exchange (NSE).

Disclaimer

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