penny stock
G-Tech Info Training Penny Stock is making a splash in the market these days. This stock seems to be an upper circuit every day, and the eyes of investors are on it. On Monday too, the stock reached an intra-day high of Rs 7.66 with a jump of 5%. In the last one month, this stock has gained a great lead of 21%, while this year it has climbed up to 250%. You will be surprised to know that on 6 January this year, this stock was just Rs 2.22. If we talk about the last one year, then this stock has seen a tremendous jump of 360%. A year ago, this stock was getting only Rs 1.68. Moreover, in the last five years this stock has climbed up to 1,000%.
The company is debt free
G-tech Info training is a company that is completely debt free. That is, there is no debt burden on the company, which makes it more attractive to investors. The 52 -week high price of this stock is Rs 7.66, which was touched today. At the same time, its 52 -week low price has been Rs 1.60. The company’s market cap is currently Rs 2.68 crore. Let us know that G-Tech Info Training is a listed company included on 18 December 1994. It is a non-government company and is registered with the Registrar of Companies in Mumbai.
What is Penny Stock?
Penny stock, also known as microcap stock, is shares that cost very low. They are usually issued by small companies and mostly trade at a price less than 10 rupees. The biggest feature of these shares is their high volatility i.e. instability. These shares can go up rapidly, but the risk in them is equally high. They are of the nature of betting, that is, they are likely to earn big profits, but the risk of loss is equally big. Therefore, it is necessary to take well research and care before investing in them.
What is special for investors?
The share of G-Tech Info Training may be small, but its speed and debt-free situation makes it special for investors. For some time, this stock has been seeing a steady boom, which has made it a topic of discussion in the market. If you are thinking of investing in Penny stock, then it can be beneficial to keep an eye on this company. But keep in mind, investment in Penny stock is risky, so take steps only after complete information and advice.
Disclaimer: This article is only for information and should not be considered as an investment advice in any way. TV9 India suggests its readers and spectators to consult their financial advisors before taking any decision related to money.