Penny stock under Re 1 hits upper circuit after ₹200 crore fundraise move via QIP

Penny stock under Re 1 hits upper circuit after ₹200 crore fundraise move via QIP

Penny stock under ₹1, GACM Technologies, hit the 5% upper circuit on Thursday, July 10, after the company board at its meeting a day ago approved raising ₹200 crore via a qualified institutional placement (QIP).