Penny stock below 5, June 2 -- Davangere Sugar Company share price surged as much as 3.55 per cent in Monday's trading session despite weak market sentiments.

The penny stock was trading at Rs.3.80 apiece on National Stock Exchange (NSE) at 10:30 am, against previous close at Rs.3.66 on Friday last week.

Davangere Sugar Company share has descended over 37.19 per cent in six months and 62 per cent in last one year.

Davangere Sugar Company reported a 57.36 per cent drop in net profit, falling to Rs.1.94 crore in the quarter ending March 2025, compared to Rs.4.55 crore in the same quarter of the previous year. Revenue also declined by 10.48%, reaching Rs.56.91 crore versus Rs.63.57 crore in the March 2024 quarter.

For the full financial ...