LowPositive
Announced Thu, 9 Jul · 14:40 IST

Penny stock under ₹10: NBFC share jumps 7% from intraday low after this AI update

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Golden Legand Leasing and Finance, a penny stock trading under Rs 10, jumped 6.94% from its intraday low of Rs 9.11 to around Rs 9.79 after announcing progress on its AI-enabled digital platform 'Bade BhaiSab' aimed at debt management and financial counselling. The NBFC also recently incorporated Gullakkart Private Limited as a wholly owned subsidiary to strengthen its digital lending and payments business, and plans to seek a Prepaid Payment Instrument licence from the RBI. Despite today's bounce, the stock remains down 16% over six months and 18% year-to-date.