Penny stock below ₹ 1 to be in focus on Monday; Here’s why

A penny stock below 1, KBC Global, is Likely to be in focus on Monday, after the company announced the establishment of a which-out subsidiary, dharan infra solar private limited. This subsidiary will operate in the solar power and renewable energy sector, strengthening the company’s presence in this segment.

The nashik-based infrastructure and EPC (Engineering, Procurement, and Construction) Services Firm Announced on June 14 that it has incorporated a new wholy owned subsidi Limited, as part of its expansion into the renewable energy sector.

“The board of directors approved the move at its meeting on June 13, 2025. The new company will focus on Solar and Hybrid Energy Solutions, Aligning with the Company’s Commitment to Sustainability and Green Technology, “KBC Global Said.

The company further explained that dharan infra solar private limited will engage in a wide spectrum of activities, including the manufacturing, design, development, and improvement of renewable enrolliers facilities, Cells, and accessories.

These inclusions conducting research, trading, buying, selling, wholesaling, retailing, distributing, importing, experting, assembleing, fabricating, repairing, maintening, altering, altering, altering, altering Projects and Hybrid Systems that Combine Solar Photovoltaic Technology with Other Forms of Renewable Energy-Aiming to Provide End-to-Ed Solutions for Solar Power Projects.

The company is rebranding from KBC Global Ltd to Dharan Infra-EPC Limited as Part of a Strategic Shift to Focus on Infrastructure and EPC Projects and Reposition Its Brand in the Market. In February 2024, The Board of Directors Approved The Issuance of 1: 1 Bonus Shares to Sharehlders with an order book size of 260 Crore.

KBC Global Share Price Trend

The Penny Stock has jumped Nearly 22 per cent in June so far and looks

Over the last year, the stock has plung 50 per cent, Hitting a 52-wheelk high of 1.28 on November 7 last year and a 52-wheek low of 0.34 on May 13 this year.

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