Know which penny stock turned multibagger in just one year and hit fresh high today!

Indian benchmark indices logged fresh record highs on Thursday with Nifty and Sensex crossing their important psychological levels of 17,600 & 59,000, respectively.  

The upmove in the market is showing no signs of abating and this holds true for many other stocks as well. One of the penny stocks, which was in action on the bourses today, was Jyoti Structures.  

The stock of Jyoti Structures opened at the level of 16.20, which also happens to be its upper limit for the day. Thereafter, it went on to touch the lows of Rs 14.85 only to recover back and close at Rs 16.15.   

The stock is up by over 20 per cent and 33.47 per cent on a WTD & MTD basis, respectively. On a YTD basis, it has gained over 150 per cent.   

The company’s main business focus areas are transmission lines, substations, and distribution projects. It undertakes turnkey projects on a global scale, offering a complete range of services in design, testing, manufacturing, sourcing, supply, and construction with our in-house expertise. We are amongst a very few EPC service providers worldwide, which possess the capabilities to execute turnkey projects covering the entire gamut of the power transmission business.