Stock worth Rs 4 created a stir, Rs 1 lakh became Rs 1.5 lakh in three months

penny stock

Penny stocks of Vertex Securities priced below Rs 10 witnessed a tremendous rise on June 10. If you had invested Rs 1 lakh in the shares of this company three months ago and bought 25,000 shares, then today your investment would have become 1.5 times i.e. one lakh fifty thousand rupees. In fact, on Wednesday, June 10, shares of Vertex Securities were seen trading at a tremendous pace. The company’s shares reached Rs 4.18 on BSE with an upper circuit of 20%.

This rise came at a time when there was a positive atmosphere in the Indian stock market and both Sensex and Nifty 50 closed with a gain of about 0.5%. This was the second consecutive trading session when Vertex Securities shares remained stuck in the upper circuit of 20%, indicating strong buying by investors.

Gave excellent returns in short time

This penny stock has given excellent returns to investors in different time periods. The stock has risen about 56% in the last one week. At the same time, it has registered a growth of 44% in the last one month and 46% in three months.

However, if we look at the performance of the last one year, the stock is still down by about 9%. But for long term investors it has proved to be a multibagger and has given returns of around 245%.

Loss increased in March quarter

The company’s net sales for the quarter ending March 2026 stood at Rs 1.39 crore, which is 3.1% higher as compared to Rs 1.35 crore in the same quarter last year. However, the company’s losses increased. Net loss in the March 2026 quarter stood at Rs 1.26 crore, while in March 2025 it was Rs 46 lakh. Similarly, EBITDA also remained negative and reached a loss of Rs 1.14 crore, which was at a negative level of Rs 31 lakh last year.

Company raised Rs 14.80 crore

This year the company had decided to raise capital through rights issue. The board approved its proposal in its meeting on March 6, 2026 and fixed the record date as March 12, 2026.

The company issued 7.40 crore partially paid-up equity shares to raise Rs 14.80 crore. The issue price of the shares was kept at ₹2 per share, which was also its face value. It was decided to give rights shares to the existing shareholders in 1:1 ratio. This issue opened on 20 March 2026 and closed on 27 March 2026.

What does the company do?

Vertex Securities provides brokerage and financial services in India. Apart from equity, derivatives, currency and commodity trading services, the company also provides services related to mutual funds, bonds, NCDs, insurance and IPO. Established in 1987, this company is based in Mumbai and works as a subsidiary of Transwarranty Finance Limited.

Kanhaiya Pachauri

Kanhaiya Pachauri

Kanhaiya Pachauri is an experienced journalist with 10 years of experience in print, TV and online media. He started his career as a print journalist and has been covering the tech and auto sections for the last few years. He researches technology closely and keeps an eye on the latest trends and developments. Currently, Kanhaiya is associated with TV9, where he is covering the Tech and Auto section. He has made a name for himself for in-depth coverage of the latest developments in the industry. We are ready to provide complete and correct information about any news to the users. When he is not working on technology, he enjoys pursuing his hobbies. He likes listening to music and reading books. He believes that music and books are a great way to relax after a busy day at work.

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