Over the past 2 weeks, eight penny stocks have delivered strong gains, rising between 25% and 52%. These top performers were identified through a targeted screening that focused on companies with a market capitalization below Rs 1,000 crore, a share price under Rs 20, and a recent trading volume of at least 5 lakh shares. The strategy highlights low-priced, actively traded small-cap stocks showing robust upward momentum. (Data Source: ACE Equity)
Tamilnad Mercantile Bank Q1 profit jumps 35% on strong income growth
Tamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net interest income.