In the week ending May 23, the benchmark Sensex fell by approximately 0.74%. However, despite the overall market downturn, seven penny stocks posted weekly gains ranging from 10% to 30%. These stocks were selected based on specific criteria: a market capitalization below Rs 1,000 crore, a share price under Rs 20, and a minimum latest trading volume of 5 lakh shares, according to the latest available data. (Data Source: ACE Equity)
Indostar banks on improving asset quality, branch expansion for growth
Indostar Capital share price: Indostar Capital shares jumped 21% post-Q4 results on strong net interest income, better asset quality, and cost rationalisation. Focused expansion and