Small-cap stock below ₹20: Penny stock hits the upper circuit after receiving an order from Reliance Industries
Small-cap stock below ₹20: Gujarat Toolroom share price surged 5 per cent to hit its upper circuit of ₹14.38 on BSE in intraday trade on Tuesday, October 15, after the company announced it completed a previous order and was awarded a new one from Reliance Industries. Shares of the company that deals in plastic products opened at ₹14.37 on Tuesday against their previous close of ₹13.70 and rose 4.96 per cent to the level of ₹14.38.
In an exchange filing on October 15, Gujarat Toolroom said, “…successfully completed an order worth ₹290 million for the construction supplies to Reliance Industries on 14th October 2024. This order was previously secured on 5th March 2024 and marks a critical milestone in our partnership…
