News for Starlite Components Limited (STARLITE.BO)

Penny stocks can be a delight for some if they just click on the right stock as they are available cheaper and can earn good profits in short term. Nevertheless, these are not quite popular and one need to be thorough in their analysis to make quick bucks from them.

Penny stocks have no defined theoretical definition. However, stocks in single digits or below Rs 10 are bracketed in this club. In this study, companies with a market cap of less than Rs 1,000 crore at the end of 2021 have been considered.

Despite the benchmarks in red, Infosys shares extended rally to hit a fresh record high of Rs 1,913 on the BSE in Friday’s intra-day trade.