business ๐ Penny stock shows resilience in market sell-off
Globe Enterprises stock demonstrated resilience during Thursday's trading session despite a wider market sell-off. The share price saw an intraday high of โน2.07 and a low of โน2.04 on the NSE. This followed strong Q1 FY27 results, where revenue grew 32.7% year-on-year to โน166.68 crore. Profitability faced pressure from rising raw material and logistics costs, though the order book exceeds โน100 crore. The company aims for sustainable growth through capacity expansion and diversification moving forward. ๐