New Delhi, May 28 -- Shares of Sharanam Infraproject and Trading Ltd. (SIPTL) were locked in a 5 percent upper circuit at Rs.0.49 on Wednesday, following the release of the company's robust financial results for the fiscal year and quarter ended March 2025. Despite weakness in broader market sentiment, the penny stock surged, supported by an exceptional year-on-year performance in both revenue and profitability.

SIPTL reported a total revenue of Rs.3,761.21 lakh for FY25, marking a staggering year-on-year increase of over 2,000 percent compared to Rs.176.07 lakh in FY24. This dramatic growth was attributed to the company's strategic expansion in its trading operations and active execution of ongoing infrastructure projects.

The company'...