It defied the market trend, surging by an astonishing 12 percent and reaching a fresh 52-week high. What's more, this stock, a true underdog, belongs to the penny stock category, trading at a price below Rs 20.

With this transaction, promoter holding in the company had skyrocketed to an impressive 28.71 per cent. These developments had the market buzzing with anticipation, as investors eagerly awaited the next move in this penny stock.