Penny stock below Re 1: NBFC stock hits upper circuit on deployment of ₹209 crore
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2 weeks, 6 days ago

Penny stock below Re 1: NBFC stock hits upper circuit on deployment of ₹209 crore

Live Mint  

Standard Capital Markets share price was locked in at 5% upper circuit at ₹0.68 apiece on BSE Wednesday after the Non-Banking Financial Company announced the additional deployment of ₹209 crore to enhance its operations. Standard Capital Markets announced an additional deployment of ₹209 crore towards its operations, complementing the earlier deployment of ₹201 crore. “The additional ₹2.09 billion deployment is expected to play a pivotal role in driving operational success, scaling the company’s capacity, and ensuring robust growth in the upcoming quarters,” Standard Capital Markets said. Standard Capital Markets Stock Price Trend Standard Capital Markets share price has declined 25% in one month and has dropped over 30% on a year-to-date basis.

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