Penny stock under 10 Rupees: Amid volatility in the key benchmark indices in the last few sessions, some stocks have remained money-makers for their shareholders. Empoer India shares are one of them. This penny stock under ₹5 has been on an uptrend for the last seven straight sessions, delivering around 30%.
The Empower India share price today opened higher at ₹1.96 apiece and touched an intraday high of ₹2.02 apiece, clocking around 4% intraday gain during the early morning session on Tuesday. However, the penny stock trading under ₹5 triggered profit-booking and is now at ₹2.00 apiece at 1:10 PM, showing more than a3% intraday gain against the previous close of ₹1.93 per share.
In an exchange filing on Monday, the Empower India board declared an expansion into robotics, AI implementation and system integration.
“Empower India Limited, a technology infrastructure and digital management solutions company, is expanding its capabilities into the rapidly evolving field of Robotics and Artificial Intelligence implementation and system integration,” the company's exchange filing said.
The Company intends to position itself as a Robotics & AI Implementation Partner, working with established AI, robotics, automation and technology companies to help enterprises deploy advanced solutions within their existing business environments. Rather than focusing primarily on manufacturing robotics hardware or developing proprietary AI technologies, Empower India’s proposed model is centred on implementation, integration and operationalisation.