Penny stock under ₹10 hits 5% upper circuit after Q1FY27 results, bonus issue and stock split announcement

Shares of A-1 Limited hit the 5% upper circuit at ₹5.71 on the BSE after the company reported Q1FY27 results with net profit surging 429% year-on-year to ₹3.16 crore and revenue jumping 170% to ₹175.01 crore. The Ahmedabad-based acids and chemicals firm also announced a 3:1 bonus issue and a stock split reducing face value from ₹10 to ₹1. The penny stock, which has a 52-week range of ₹5 to ₹70.41, has declined 65% over the past year despite recent gains.