When people think of investing money in the stock market, they always choose big companies for their investment. However, sometimes some small companies also give huge profits to investors. The penny stock about which we are going to tell you today is continuously going through upper circuit. However, a decline was also seen in the last few days.
What is the name of penny stock?
The name of the penny stock we are talking about is Integra Essentia. This stock is experiencing back-to-back upper circuits since last two sessions. On December 10, shares of Integra Essentia reached Rs 3.38 with an upper circuit of 5 percent. Whereas, if we talk about 52 week high of this share, it is Rs 7.56. Talking about today only, 15.8 lakh shares were traded on NSE.
what does the company do
Integra Essentia became a public limited unit on 3 January 2012. However, it was later integrated and renamed as Integra Garments and Textiles Limited following a comprehensive scheme of arrangement and amalgamation in June 2012. Then later on 16 February 2022, its name was changed to Integra Essentia Limited. Now this company works in sectors like food items, clothing, infrastructure and energy.
How were the quarter results?
If we look at the shareholding pattern of Integra Essentia till September 30, 2024, it shows that the promoters have reduced their stake in the company from 20.81 percent to 15.98 percent. At the same time, domestic investors have also reduced their stake in the company. DII has reduced its stake in the company from 1.07 percent to 0.39 percent. Whereas, foreign investors have increased their stake.
Disclaimer: (The information provided here is being provided for information only. It is important to note here that investment in the market is subject to market risks. Always seek expert advice before investing money as an investor. ABPLive.com does not advise anyone It is never advisable to invest money here.)
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