There was heavy selling in the stock market on Monday, but during this period the penny stock Kshitij Polyline performed brilliantly. This share priced below Rs 10 reached the upper circuit of 5%. This stock has attracted the attention of investors with its rise in the 11th consecutive trading session. Currently this share is trading rapidly at around Rs 6.25. Strong trading volume was also a major reason behind this rise. About 64 lakh shares of the company were traded, while the average trading volume of the last one month was about 30 lakh shares. Increasing purchases have made this stock a topic of discussion among investors.
The company performed brilliantly in FY26
The financial results of the company have also increased the confidence of investors. Kshitij Polyline had recorded a loss of Rs 9.30 crore in FY25, but in FY26 the company has made a net profit of Rs 3.55 crore. The company’s income from operations also increased by 46.3% on an annual basis to Rs 44.75 crore, which was Rs 30.58 crore in the last financial year. Apart from this, the net worth of the company has increased by 88% to Rs 62.74 crore and total assets have increased by 67% to Rs 88.19 crore.
Why did it happen so fast?
Recently the company has made significant progress in the process of acquisition of Omkar Specialty Chemicals Limited. The company said that the final payment has been completed under the resolution plan approved by NCLT. Now only the final legal approval is awaited. The company believes that this acquisition will strengthen its presence in the specialty chemicals business. Besides this, new sources of revenue will be created and the possibilities of profit will increase in future.
The share gave excellent returns
Kshitij Polyline shares have given excellent returns to investors in recent months. This stock has risen by more than 50% in the last one month. At the same time, it has increased by more than 160% in three months. So far in the year 2026, this stock has jumped 141%, while in the last one year it has given a return of 84%.
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