By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
News for IndiaNews for IndiaNews for India
  • Home
  • Posts
  • Search Page
  • About us
Reading: Penny stock under Re 1 hits upper circuit despite stock market crash; here’s why | Stock Market News
Share
Font ResizerAa
News for IndiaNews for India
Font ResizerAa
  • Economics
  • Business
  • Home
  • Categories
    • Business
    • Economics
  • About us
  • Sitemap
Follow US
  • Advertise
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
News for India > Business > Penny stock under Re 1 hits upper circuit despite stock market crash; here’s why | Stock Market News
Business

Penny stock under Re 1 hits upper circuit despite stock market crash; here’s why | Stock Market News

Last updated: July 31, 2025 11:59 am
6 days ago
Share
SHARE


Dharan Infra-EPC share price was locked in the 5% upper circuit at ₹0.42 apiece on the BSE on Thursday. The small-cap penny stock hit the upper circuit for the fourth consecutive trading session.

The gains in Dharan Infra-EPC share price comes despite the broader weakness in the Indian stock market today.

Infrastructure company Dharan Infra-EPC recently announced that it has executed a One-Time Settlement (OTS) agreement with the Central Bank of India for the structured resolution of its outstanding financial obligations. The agreement was executed for a total settlement value of ₹4.30 crore.

As part of the agreement, an initial payment of ₹43 lakh, representing 10% of the outstanding amount, was made on July 28, 2025. The remaining balance will be paid in three structured tranches, with the final installment due on or before January 31, 2026, Dharan Infra-EPC said in a release.

The company is actively engaging in constructive dialogue with the lending institutions to continue pursuing structured solutions for all residual obligations, it added.

The company clarified that although some loans are still classified as defaults, they are fully secured by collateral valued at nearly twice the outstanding principal. This provides sufficient protection for lenders and helps minimize the risk of any significant negative impact on the company’s operations or financial stability.

Dharan Infra-EPC Share Price Performance

Dharan Infra-EPC share price has fallen sharply over the years. The penny stock declined 10% in one month and more than 37% in the past six months. On a year-to-date (YTD) basis, the small-cap stock has dropped 51%, while it has plunged 63% in the past two years.

At 12:00 PM, Dharan Infra-EPC share price was still locked in 5% upper circuit of ₹0.42 apiece on the BSE.

Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.



Source link

You Might Also Like

SBI Life to Indigo – Jay Thakkar suggests three stocks to buy or sell for short-term in F&O segment | Stock Market News

‘Every scam is a tango’: Aswath Damodaran grades Instagram scam being run in his name, shares tips to protect yourself | Stock Market News

Bajaj Auto Q1 Results: Net profit rises 5.4% to ₹2,096 crore; margins slip to multi-quarter low | Stock Market News

INR vs USD: Indian rupee falls to record low! Opportunity to buy IT stocks for short-term? | Stock Market News

Bajaj Auto Q1 Results LIVE Updates: Net profit, revenue likely to see modest growth, margins may fall | Stock Market News

TAGGED:dharan infra epcdharan infra epc sharedharan infra epc share pricedharan infra epc stock pricedharan infra share pricePenny stocksPenny stocks in Indiasmallcap penny stockSmallcap stocks
Share This Article
Facebook Twitter Email Print
Previous Article Central Bank Gold Buying Slows After Record Rally Cools Demand | Stock Market News
Next Article Nagaraj Shetti suggests Alkyl Amines, Star Health shares to buy in the short term; do you own? | Stock Market News
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

We influence 20 million users and is the number one business and technology news network on the planet.

Find Us on Socials

News for IndiaNews for India
© Wealth Wave Designed by Preet Patel. All Rights Reserved.
  • BUSINESS