Integra Essentia Share Price Soars: LIC Penny Stock Hits Upper Circuit For Fourth Consecutive Day

?? Today, Integra Essentia opened at Rs 4.11 and quickly reached its intraday high, hitting the 5 percent upper circuit.
Share Price, Heat waves, Stock Market, NTPC, Havelles, Varun Beverages, Summer Season

Integra Essentia Share Price Soars (image source: Times Now Digital)

Integra Essentia, one of the rare penny stocks under Rs 5 owned by India's Life Insurance Corporation (LIC), has been on an upward trend. The small-cap stock has hit the upper circuit for four consecutive sessions.

Integra Essentia Share Price Today

Today, Integra Essentia opened at Rs 4.11 and quickly reached its intraday high, hitting the 5 percent upper circuit.

Integra Essentia Share Price: Upper Circuit

This marks the fourth session this week where the stock has touched the upper circuit.

Integra Essentia: Order It Received

Integra Essentia has recently secured a fresh order worth Rs 21 crore. This order ignited strong business prospects among investors.

Integra Essentia: Company's Order Book

The company's order book update stated, "We are excited to announce substantial new orders for our Agro and Infrastructure Business Segments. The total value of these orders is approximately Rs 210 million (Rs 21 crore). In our Infra Business Segment, we have received significant orders for High-Tensile TOR Steel, which will strengthen our presence in the infrastructure sector and contribute to our steady growth."

Integra Essentia: Repeat Orders

The company's strong market position is evident from the repeat orders it has received from well-known customers such as Sarveshwar Foods Ltd and Sarveshwar Overseas Ltd in the Agro segment.
How Repeat Orders Are Beneficial For Integra Essentia?
This ongoing demand and trust in Integra Essentia's high-quality agricultural products continue to boost its order book.
What Company Said?
The company stated, "The consistent demand and trust in our products from repeat customers highlight our market strength and customer satisfaction, which is reassuring for stock market analysts."
LIC’s Stake In Integra Essentia
As per the shareholding pattern for the January to March 2024 quarter, LIC holds 97,19,832 shares in Integra Essentia, representing a 1.06 percent stake in the company.
End of Article
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