Penny Stock Under Re 1 Hit Upper Circuit, Gains 20% Intraday, Soars 784% In 3-Years

Penny stock, NCL Research & Financial Services Ltd priced under Re 1 hit upper circuit in trade on February 10, 2023. The stock rallied over 20% intraday on Friday. The stock, operating in Financial sector, gave a return of 784% in last 3-years. Check details related to the stock below:

1. NCL Research & Financial Services Stock Performance

The last trading price of the stock is Re 0.50 apiece with an intraday gain of 20%. The stock hit upper circuit and witnessed spurt in volume by more than 2.41 times. The stock traded new 52-week low on February 6, 7, and 8.

2. NCL Research & Financial Services Return

The stock gave a return of 784% in last 3-years, and 21% in last 5-years. In last 1-week, the stock rallied 13%. In last 1-year, the stock fell 72%, and declined 39% in last 6-months.

It is worth noting that net profit of the company for the quarter ended September 2022 surged 100% to Rs 0.24 crore as against 0.12 crore recorded during the previous quarter ended September 2021. Sales jumped 221% to Rs 1.03 crore for the quarter ended September 2022 as against Rs 0.32 crore registered during the previous quarter ended September 2021.

3. NCL Research & Financial Services About

It is a Non-Deposit taking Non-Banking Financial Company (NBFC) registered with RBI. As a Non-Banking Financial Company (NBFC), it is engaged in providing financial services with a paramount focus on Micro, Small and Medium Enterprises (MSMEs) small and medium enterprises (SMEs),corporate and non-corporate sector. It provides both secured and unsecured loans.

Disclaimer

The stock gives details of multibagger returns over the years and intraday gain. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.