Penny stock below Re 1 hit the upper circuit as Board to meet on August 1 for Q1FY26 results and entry into two-wheeler loan segment

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Penny stock below Re 1 hit the upper circuit as Board to meet on August 1 for Q1FY26 results and entry into two-wheeler loan segment

The stock is up by 24 per cent from its 52-week low of Re 0.38 per share.

On Tuesday, shares of Enbee Trade & Finance Ltd hit a 5 per cent upper circuit to Re 0.47 per share from its previous closing of Re 0.45 per share. The stock has a 52-week high of Rs 1.71 per share and a 52-week low of Re 0.38 per share.

Enbee Trade & Finance Ltd informed that the Meeting of the Board of Directors of the company is scheduled to be held on Friday, August 01, 2025, inter alia, to consider and approve the following:

  1. Resignation letter received from Mr. Rakesh Kumar Dinesh Mishra, Non-Executive - Independent Director of the Company w.e.f. 28.07.2025;
  2. Unaudited financial results of the company for the quarter ended June 30, 2025.
  3. Appointment of M/s Feni Shah & Associates as the Secretarial Auditor of the Company.
  4. Appointment of M/s H P V S & Associates as the Statutory Auditor of the Company.
  5. To enter the two-wheeler loan segment of the automotive finance sector.
  6. Any other matter with the permission of the chair.

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About the Company

Enbee Trade & Finance Ltd, incorporated in 1985, operates primarily in the business of financing and investment. The company is listed on the SME and SME-ITP platforms of stock exchanges and holds registration as a Category B Non-Banking Finance Company (NBFC) – specifically, a Non-Systemically Important Non-Deposit taking Company. Beyond its core financing activities, Enbee Trade & Finance Ltd also offers services in trading and dealing in vehicle parts and accessories, and provides financing and loans to builders against securities.

The company reported positive numbers in its Quarterly Results (Q4FY25) and annual results (FY25). The net sales rose 92 per cent and net profit skyrocketed 217 per cent in FY25 over FY24. The stock has a PE of 6x whereas the sectoral PE is 27x. The stock is up by 24 per cent from its 52-week low of Re 0.38 per share.

Disclaimer: The article is for informational purposes only and not investment advice.