Penny Stock Below Rs 1 Locked In 5% Upper Circuit Limit As Board Announces To Consider Dividend

Enbee Trade & Finance Ltd, a micro-cap share that usually trades under Re 1, jumped 5% to hit the upper circuit limit of Rs 0.86 on Monday, June 16, after the firm revealed a board meeting for June 20, 2025. Directors are likely to approve an interim payout of up to 50% for 2025-26, stirring fresh excitement among bargain hunters.

The notice was filed under Regulation 29(1) of SEBI's Listing Obligations and Disclosure Requirements, stating the 3:00 PM meeting will occur at the company's registered office. Talk of dividends has turned sentiment firmly bullish, especially as preliminary results suggest Enbee is on the mend financially.

For the fiscal year that ended on March 31, 2025, Enbee delivered an impressive set of numbers. Total revenue soared to Rs 19.73 crore, more than double FY24's Rs 10.25 crore, while net profit surged 217%, rising to Rs 4.95 crore from Rs 1.56 crore a year earlier. Fourth-quarter figures reinforced this momentum, with net profit in Q4 FY25 reaching Rs 1.64 crore, up from Rs 0.93 crore in Q4 FY24.

Further boosting investor confidence, Enbee has forged a strategic alliance with Sunrise FinServe Pvt Ltd to speed up loan disbursals in Maharashtra and Gujarat. Through this partnership, Enbee will gain access to Sunrise's wide distribution network and digital customer onboarding platform, allowing the firm to reach areas that have long been overlooked.

At the same time, Enbee is aligning its lending model with broader sustainability objectives. The company is now channelling funds into green projects- renewable energy, electric vehicle infrastructure, and ESG-compliant startups- creating a forward-looking portfolio that also supports durable economic growth.

In December 2024 Enbee Trade & Finance opened a rights issue to investors worth Rs 45.08 crore, selling shares at Rs 13 each. The offer was soaked up 1.03 times, a sign that backers still believe in the firm. Proceeds will pay off unsecured loans owed to promoters and patch up the company's balance sheet.

Even after recent rallies, the stock stays 50 per cent under the 52-week peak of Rs 1.71 logged in December 2024. The share dipped to a 52-week low of Rs 0.57 in May 2025. Over the past twelve months the price has swung wildly, dropping more than 15 percent year-on-year after sharp moves: down 21 percent in May, up 16 percent in April, then two straight declines of 18 percent in February and March, plus a 15.6 percent slip in January. June has so far redeemed more than 30 percent of those losses.

Established in 1985, Enbee Trade & Finance is an RBI-registered non-deposit NBFC. It mainly grants personal and business loans and is well anchored in western India. By teaming up with partners and weaving in new technology, the firm keeps pushing into the fast-changing SME and retail lending markets.