Pradhin Ltd Penny Stock Hits Upper Circuit; Board to Weigh 10:1 Bonus Issue and Steel Trading Expansion

Mumbai, September 2, 2025 – Pradhin Ltd (BSE: 530095), a penny stock representing a company engaged in the steel raw material and agriculture sectors, hit the upper circuit at ₹0.38 on Tuesday (2.70% up from the previous day’s close).

The surge occurred after the company’s announcement of a 10:1 bonus issue of equity shares. The proposed corporate action is part of the company’s objective to enhance shareholder value, reward existing investors, and improve liquidity in the stock. The company also announced a strategic expansion that can help with higher sales in the upcoming periods.

At 11:30 AM, the stock traded at ₹0.38, up by 2.70% and hitting the upper circuit. The 52-week high is ₹1.53 and the low is ₹0.29 per share. The trading volume remained quite high with over 3.13 crore shares traded by 11:30 AM on Tuesday.

Pradhin Ltd, incorporated in 1991, is engaged in the iron and steel products industry. The BSE-listed company has witnessed sharp price swings over the past year, with its 52-week high-low variation exceeding 300%.

Board to Review 10:1 Bonus Plan and Strategic Expansion in Steel Trading 

The board is set to review the bonus share proposal along with a plan for strategic expansion in steel and raw material trading while focusing on global exports. With this corporate action, the visibility and liquidity of the stock will be enhanced, resulting in long-term value creation for investors.

Strategic Expansion in Steel Trading to Boost Exports and Support Make in India Initiative

The company suggested that it is all set to introduce a new trading vertical to leverage India’s steel export strength and align closely with the CG’s ‘Make in India’ initiative. The latest expansion will help develop revenue streams, export orientation, and capitalise on shifting global trade dynamics.

Wi͏th the upper ci͏rcuit surge to ₹0.38 a͏n͏d the board’s upcoming review o͏f a 10:1 bonus͏ iss͏ue a͏longside ͏st͏r͏ategic steel trad͏i͏ng ͏exp͏ansion, ͏Pradhi͏n Ltd positions i͏tself for i͏mproved l͏iquid͏ity, ͏shareholder rewards, an͏d ͏revenue ͏growth.͏ Inve͏stors are closely monitoring the company’s nex͏t moves, as these ͏initiatives could si͏gnificantl͏y in͏flue͏nce m͏arket valuatio͏n and long-͏term ͏pe͏rfo͏rmance.

REF: https://www.bseindia.com/xml-data/corpfiling/AttachLive/ccaaaad5-df76-4706-b910-51cf217bbff6.pdf

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