Penny stock under Re 1: NBFC share jumps 4% depite stock market sell-off

NCL Research & Financial Services share price surged around 5% on 24 July 2026, outperforming a weak broader market. The rally was driven by the company's announcement that its board will meet on 29 July to consider diversifying into retail lending, including digital personal loans, salary-based personal loans, and loans for self-employed professionals. The expansion may require amendments to its Memorandum of Association and regulatory approvals.