2 Penny Stocks Under ₹1 Rocket 19% & 9% – Circuit Breakers Smashed!
Micro-cap madness strikes again as two sub-₹1 stocks defy gravity—because fundamentals are so 2024.
The Penny Stock Paradox
While blue-chips nap, these basement-bargain tickers just locked double-digit surges. One screams +19%, the other +9%—all before lunch. Trading halts? More like trading catapults.
The Retail Trader Circus
No earnings, no news—just pure speculative frenzy. Someone’s printing memes about ‘undervalued opportunities’ between sips of chai. Meanwhile, hedge funds quietly rotate into Bitcoin ETFs.
Bottom Line
Ride the rocket or watch from Earth? Either way, remember: penny stocks are the crypto shitcoins of traditional finance—just with more paperwork and fewer Lambo dreams.
Penny Stocks Below 1 Rupee That Surged Today
KBC Global and Shangar Decor are the two penny stocks that surged close to 19% and 9% on Monday, respectively. While KBC Global shares reached 0.52, Shangar Decor touched 0.85 during the closing bell. Both the penny stocks attracted heavy buying pressure as investors made the most out of the rally. An investment of Rs 1,00,000 turned into Rs 1,09,000 and 1,19,000 today becoming the top-performers of the day.
The two penny stocks were in the news during the Weekend which prompted retail investors to take an entry position on Monday. KBC Global announced that the company will launch a new subsidiary for renewable energy named Dharan Infra Solar Private Limited. The firm will engage in solar power solutions enhancing sustainability efforts and spreading its businesses and investments.
TaurCapitl gave a buy call for Shangar Decor calling it a multibagger stock under rupee one. This led to an influx of buying as the stock is low-hanging fruit and affordable to the average investor. Regular investors are mostly attracted to penny stocks as they make them accumulate several shares for a basic amount.
On Monday, around 101 stocks hit their 52-week high while 71 stocks reached their 52-week low. This gives traders the best entry position as the markets are brimming with enthusiasm. Penny stocks like KBC Global and Shangar Decor deliver returns once in a while. Therefore, it is not advised to risk your investments for today’s gains could be wiped away on Tuesday’s opening bell.
