These penny stocks were locked in the upper circuit on Wednesday

resr 5paisa Research Team 11th December 2022 - 01:51 am
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Amid a volatile trading session, Indian equity markets are trading in the red territory. Auto stocks and selective smallcap stocks are outperforming the markets.

Following is the list of penny stocks that were locked in the upper circuit on Wednesday. Keep a close eye on these counters for the upcoming sessions.

Sr No   

Stock   

LTP   

Price Change (%)   

1  

Orient Green Power   

6.7  

4.69  

2  

Sintex Industries   

9.7  

4.86  

3  

FCS Software   

1.8  

2.86  

4  

Prakash Steel   

3.8  

4.11  

5  

SITI Networks   

2.3  

4.55  

6  

Mercator   

1.3  

4  

7  

Ankit Metal Power   

7.6  

4.83  

8  

JIK Industries   

0.85  

6.25  

9  

Sadbhav Media   

4.25  

4.94  

10  

CLC Industries   

1.7  

3.03  

Capital Trust Limited (Capital Trust), a digitally enabled non-banking finance company (NBFC), which specializes in providing income-generating micro business loans in tier 3-5 regions, announced its financial results for the quarter ended 30 September 2021.
 

The consolidated financial highlights are as follows:

  • Average collection efficiency for Q2 FY22 was 88% for the company and 96% for digital loans sourced post-first lockdown.

  • Net worth as of 30 September 2021 was at Rs 117.8 crore.

  • Finance cost during Q2 FY22 was Rs 15.55 crore which was increased by Rs 7.49 crore.

  • Total provisions outstanding for the year were Rs 57.09 crore; ECL provision was Rs 16.11 crore as compared to Q1FY22 and COVID related provision stood at Rs 40.98 crore.

  • Total operational branches as of 30 September 2021 stood at 315 covering 94 districts across 10 states. 

  • Strong liquidity position with Rs 115.22 crore in cash or bank balance, liquid investments and fixed deposit.

  • Business Correspondent Partnership ties ups with IDFC First Bank, MAS Financials, Dhanvarsha Finvest and OML P2P.

Merging best practices of fintech and traditional financing, Capital Trust Limited focuses on financial inclusion of the underserved in deep interiors of rural India using digital processes and state of the art technology. As of September 30, 2021, the company caters to over 1,09,000 customers across 94 districts through 315 branches in 10 states in North and East India. The company prides itself to be India`s first "Rural Doorstep-Fintech" company.

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