Penny Stock Below ₹2 Continues Winning Streak, Reaches Upper Circuit for Third Consecutive Day Amid Ongoing Weakened Market Trends
Empower India Share Price Hits 5% Upper Circuit on BSE
Empower India's share price touched a 5% upper circuit limit of ₹1.81 apiece on the Bombay Stock Exchange (BSE) on Thursday, extending its rally for the fourth consecutive trading session. This is the third time in four trading sessions that the penny stock has hit its upper circuit limit.
The rally in Empower India's share price came despite a weak trend in the broader Indian stock market on Thursday. The benchmark Sensex and Nifty 50 indices crashed over half a percent each, while the Nifty Smallcap 100 and the Nifty Midcap 100 indices traded flat.
Empower India's recent gains in share price can be attributed to the company's admission for trading on the National Stock Exchange (NSE). Earlier, Empower India shares were only listed on the BSE. The NSE had issued a circular on April 17, 2026, admitting securities of Empower India Limited on its platform, permitting trading and dealing in the securities of the company with effect from April 20, 2026. The symbol of the company on the NSE platform is "EMPOWER".
Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
| Share Price Performance Metric | Empower India | Benchmark |
|---|---|---|
| One-month gain | 70% | - |
| Three-month gain | 27% | - |
| Year-to-date (YTD) gain | 5% | - |
| Six-month gain | -17% | - |
| Three-year gain | 450% | - |
| Five-year gain | 1,107% | - |
At 10:35 AM on Thursday, Empower India's share price was still locked in a 5% upper circuit limit of ₹1.81 apiece on the BSE.
Investor Takeaway
Investors should be cautious of penny stocks and their volatile nature.
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