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Reading: Penny inventory beneath Re 1 jumps 10% regardless of promoting stress in Indian inventory market
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StockWaves > Market Analysis > Penny inventory beneath Re 1 jumps 10% regardless of promoting stress in Indian inventory market
Market Analysis

Penny inventory beneath Re 1 jumps 10% regardless of promoting stress in Indian inventory market

StockWaves By StockWaves Last updated: June 12, 2025 4 Min Read
Penny inventory beneath Re 1 jumps 10% regardless of promoting stress in Indian inventory market
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Penny inventory beneath Re 1 Enbee Commerce & Finance- DevelopmentsENBEE Commerce and Finance – Monetary Efficiency

Inventory Market At the moment: Penny inventory beneath Re 1 gained 10% within the morning trades on Thursday regardless of promoting stress in Indian inventory market. Verify particulars of developments round Enbee Commerce & Finance Ltd.

Penny inventory beneath Re 1 Enbee Commerce & Finance- Developments

ENBEE Commerce and Finance on Wednesday, put up market hours introduced forming a strategic Alliance with Dawn FinServe Pvt Ltd to Increase Mortgage Disbursement Effectivity.

The Partnership as per Enbee Commerce is to reinforce monetary inclusion and streamline mortgage processing throughout Maharashtra and Gujarat.

By way of this partnership, ENBEE will strengthen its lending procedures by using Dawn FinServe’s in depth business data, robust distribution community, and cutting-edge buyer acquisition expertise. The partnership goals to extend credit score availability for underprivileged and semi-urban populations, expedite software processing, and maximize turnaround instances.

The administration of ENBEE Commerce and Finance Ltd, commented, “We’re excited to accomplice with Dawn FinServe Pvt Ltd to speed up our progress within the retail lending house. This alliance is not only a step in direction of operational effectivity but in addition a strategic transfer to reinforce monetary inclusion. By leveraging Dawn’s expertise and digital attain, we goal to offer faster, extra accessible monetary companies to a broader buyer base, particularly in key markets like Maharashtra and Gujarat.”

ENBEE Commerce and Finance – Monetary Efficiency

ENBEE Commerce and Finance Ltd. recorded whole income of Rs. 19.73 crore for the fiscal 12 months that ended on March 31, 2025. This represents a big enhance from Rs. 10.25 crore in FY 2023-24, or greater than a 92% year-over-year progress.

The corporate’s web revenue for FY25 was Rs. 4.95 crore, up over 217% 12 months over 12 months from FY24’s Rs. 1.56 crore.

The corporate’s consolidated web revenue for the fourth quarter, which concluded on March 31, 2025, was Rs. 1.64 crore, a 76% year-over-year enhance over the web revenue of Rs. 0.93 crore in This autumn FY24. These outcomes as per firm spotlight ENBEE’s agency progress plan, cautious monetary execution, and robust operational momentum,

Penny inventory beneath Re 1 Enbee Commerce & Finance- share worth motion

Penny inventory beneath Re 1 Enbee Commerce & Finance share worth opened at Re 0.79 on the BSE on Thursday. The Enbee Commerce & Finance share worth was up near 10% over the earlier days closing worth of Re 0.72 .Penny inventory beneath Re 1 Enbee Commerce & Finance there after continued to commerce at related ranges as the extent of 0.79 was additionally the higher worth band and therefore Penny inventory beneath Re 1 Enbee Commerce & Finance was locked within the higher circuit

Disclaimer: The views and suggestions made above are these of particular person analysts or broking corporations, and never of Mint. We advise buyers to test with licensed consultants earlier than making any funding choices.

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