Silver Lining Amid Market Turmoil; Penny Stock KBC Global Rises Over 6%

Mumbai, June 13 — In a sign of relief during an otherwise volatile trading session, shares of penny stock KBC Global, now known as Dharan Infra-EPC Ltd, soared over 6% on Friday during the early trading hours.

On Friday, it rose by 6.52% to ₹0.49 (BSE) before returning to the previous day’s closing price (₹0.45 per share). The stock has gone up by almost 28.57% in the past month. The recent months’ consistent rise can be attributed to increased liquidity and investor interest in the penny stock. Upcoming corporate actions (1:1 bonus) can be another factor, as it is often viewed as bullish, as it increases free float and attracts retail traders

Stock Outpaces Market Amid Broader Sell-off

The surge in KBC Global’s share price came amid a 1.5% drop in benchmark indices Sensex and Nifty, as investors reacted to escalating geopolitical tensions in the Middle East. Despite the bearish environment, trading volumes in KBC Global shares spiked 2.05 times, signalling heightened investor activity.

Recent Financial Performance

The intraday and monthly rally is closely linked to the company’s financial performance. For Q4FY25, Dharan Infra-EPC reported a narrowed standalone net loss of ₹2.19 crore, compared to ₹5.40 crore in the same period last year. However, revenue from operations for the March quarter declined steeply by 89.06% to ₹1.37 crore from ₹12.55 crore year-on-year.

Share Price Trajectory

Despite the recent uptrend, the stock’s long-term performance remains under pressure:

• 1-week gain: 29%
• 1-month gain: 26%
• 3-month decline: 7.5%
• YTD decline: 43%
• 6-month decline: 56%
• 1-year decline: 38%
• 5-year plunge: 78%

At 11:55 AM on Friday, the stock was seen trading flat at ₹0.46 per share on the BSE.

Market Context

The Indian market experienced a significant downturn driven by global risk aversion, with the Sensex shedding over 800 points. The geopolitical issues (Israel-Iran tensions) have resulted in a risk-off sentiment across global equities.

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