Bengaluru, May 15 -- Penny stock engaged in the business of manufacturing compounded animal feed and feed supplements in India jumped 2 percent in the day's trade upon launching its own brand to enter the B2C segment along with expanding its presence and operations.

With a market capitalization of Rs. 114 Crores, the shares of Ajooni Biotech Limited were trading at Rs. 6.50, up 0.78 percent from its previous day's close price of Rs. 6.45.

Ajooni Biotech has announced that it is embarking on a new venture by introducing and dealing in its own brand which will enable it to have greater control over quality, pricing, and customer satisfaction, it will also allow it to better serve its customers and stay ahead of the competition.

Through t...