Penny stock under ₹1, GACM Technologies, hit the 5% upper circuit on Thursday, July 10, after the company board at its meeting a day ago approved raising ₹200 crore via a qualified institutional placement (QIP). Additionally, the penny stock’s board approved its financial results for the June 2025 quarter of the ongoing fiscal year (Q1 FY26).
GACM Technologies’ share price opened at ₹0.83 apiece, slightly lower than its last close of ₹0.85, but soon touched the intraday high of ₹0.89, which is also its 5% upper price band.
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