₹1 Penny Stock Hits Upper Circuit, 50% Rise Amid Strong Momentum
After the US employment report, On Tuesday when the market opened, Sensex was at 81,768.72 249, while the Nifty opened at 24,999.40.
The share of small-cap firm Risa International Ltd has climbed to the upper circuit of 5 %. This stock has been rising for the last week and it had increased 25 percent in the last trading week.
The Shares Of RISA International Rose 5 Percent
On Monday, the share of Risa International Ltd closed 4.76 % higher at Rs 1.10. On Tuesday the share opened at Rs 1.15.
Earlier, in the first trading week of September, it closed with a gain almost every day, in a week the share price of Risa International Ltd had increased by 25 percent.
Risa International Ltd is involved in the business of textile, iron, steel, and realty sector.
64 Percent Return In 1 Month
This stock has given its investors a return of more than 50% that is 64.29 percent during the last month, while its price has increased by more than 94.92 percent in one year.
In terms of long-term return, the company has offered the benefit of a multibagger, i.e. 110 % for its investors.
The Company’s Loss Increased In The June Quarter
According to reports, Risa International Ltd reported a net loss of Rs 12 lakh in the first quarter of the financial year 2024-25.
The net loss was around 7 lakh rupees in the same quarter of last year. The market capital of this company is Rs ₹ 18.4 Cr.
Quick Fact
Company name | Risa International |
---|---|
Recent Performance | Rose 19.79% on Tuesday |
One Week Performance | Increased by 25% |
Business Sectors | Textile, Iron, Steel, Realty |
Return in 1 Month | 64.29% |
Return in 1 Year | 94.92% |
Multibagger Return | Possible 110% |
Net Loss (Q1 2024-25) | ₹12 lakh |
Net Loss (Previous Year, Same Quarter) | ₹7 lakh |
Market Capital | ₹ 18.4 Cr. |
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