In the world of stock markets, there’s a fascinating story unfolding.

The penny stock of Mega Corporation Limited, priced at just 2.93 rupees.

It has seen an very high demand which in result make the stock price go up by nearly 10% 

This stock, which was trading at 3.16 rupees on September 1, 2023, has reached its 52-week high.

Notably, back in March 2023, it was trading at a mere 1.26 rupees, marking its 52-week low.

Investors in this stock have witnessed impressive returns

It has outperformed the BSE Sensex with over 17% returns in just one week, nearly 35% in a month, and a staggering 50% or more in annual returns.

Mega Corporation Limited’s quarterly results for September showed a net sales figure of 0.85 crores

Which is a a 2.08% increase compared to the same period last year. 

The net loss for the quarter was 0.04 crores, significantly lower than the previous year’s 120.86% reduction in losses.

the promoters held a 51.86% stake as of December’s quarter, while public shareholding accounted for 48.14%.