Rs 105 Dividend + Rs 35 Special Dividend: ICRA's record date is nearing; check if you're eligible for the bumper payout

Rs 2.50 dividend: This wire stock fixes record date for FY26 payout; check key details

E20 petrol: Will it affect your motor insurance claim? Government clarifies insurance, warranty rules

11x12x20 SIP Formula: In how many years can your Rs 11,000 monthly investment grow to over Rs 1 crore using the formula?

Good news for rail passengers: 3 bullet train corridors announced for Hyderabad; check routes

SIP vs Sukanya Samriddhi Yojana: Which can create a bigger corpus with Rs 12,500 monthly investment in 15 years?

400% dividend per share by AMC, record date on July 14

LTM Q1 FY27: Top line at Rs 11,608 crore, operationally strong show—Key takeaways for investors

​ITR Filing 2026: Penalties, refund delays and consequences of not filing Income Tax Return

Big BIS update! These 4 Indian Standards have changed; check the full list

A recent crackdown by market regulator Securities and Exchange Board of India (SEBI) on suspected pump-and-dump action on Dalal Street has made many rethink the consequences of bagging inexplicable bumper returns through penny stocks. Penny stocks — a term having originated from Wall Street — are stocks that trade at a low price, have low market capitalisation, are mostly illiquid, and are usually listed on smaller exchanges.
According to Zee Business research, the suspicious rally in as many as 150 penny stocks of negligible businesses between 200 per cent and 2,000 per cent since April 1, 2022 has raised concerns. The 150-odd companies are either unknown or do not have any proper earnings record, the research shows.
For instance, Soft Track Venture Investment’s stock has given a return of 21 per cent since November 2022 and stock’s price to earnings ratio is 371 times but the company’s revenue is hardly Rs 15 lakh to Rs 20 lakh. 
<blockquote>Penny शेयरों का लालच पड़ेगा महंगा ?
समझिए Penny शेयरों का मायाजाल इस वीडियो में
Zee Business LIVE- <a href="https://t.co/XFs4LAtMCE">https://t.co/XFs4LAtMCE</a><a href="https://twitter.com/AshishZBiz?ref_src=twsrc%5Etfw">@AshishZBiz</a> | <a href="https://twitter.com/AnilSinghvi_?ref_src=twsrc%5Etfw">@AnilSinghvi_</a> <a href="https://t.co/ygKNRXKrTQ">pic.twitter.com/ygKNRXKrTQ</a>
— Zee Business (@ZeeBusiness) <a href="https://twitter.com/ZeeBusiness/status/1633756537733693440?ref_src=twsrc%5Etfw">March 9, 2023</a></blockquote>
<script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>In another instance, Shree Gang Industries’ stock has given 100 per cent return from April 2022 to September 2022 but its book value per share is negative Rs 30.3 
The third suspicious case is of Bohra Industries which is a loss-making company but the stock has doubled.
Companies such as Mercury Metals, S&amp;T Corp, Karnavati Finance, K&amp;R Rail Engineering, Taylormade Renew, Ascom Leasing, and Regency Ceramics also gained over 1,000 per cent this year.
The report stated that many brokers have agreed that the activity in many of these stocks remain suspicious despite a Securities and Exchange Board of India (SEBI) crackdown as they have historically been part of stock market operators' pump-and-dump schemes and a route to launder money. 
Zee Business Panelist, Sandeep Jain and Rakesh Bansal have also cautioned investors against such stocks and have recommended to do proper research before investing in any company’s stock. 
<h2>SEBI’s action on pump and dump of stocks </h2>
Recently, SEBI took action against people who pump and dump through YouTube. Action was taken against 45 people who pumped and dumped in Sadhna Broadcast and Sharpline Broadcast.
In FY19 also SEBI had booked over 10,000 people for trading in illiquid stock options.
<a href="https://www.zeebiz.com/markets/stocks/live-updates-sensex-nifty50-anil-singhvi-india-share-market-today-live-adani-shares-adanient-awl-adanipower-divgi-ipo-alotment-sebi-rules-buyback-dollar-rupee-gold-rate-dow-nasdaq-225036">Click here to get more stock market updates I Zee Business Live </a>

A recent crackdown by market regulator Securities and Exchange Board of India (SEBI) on suspected pump-and-dump action on Dalal Street has made many rethink the consequences of bagging inexplicable bumper returns through penny stocks. Penny stocks — a term having originated from Wall Street — are stocks that trade at a low price, have low market capitalisation, are mostly illiquid, and are usually listed on smaller exchanges.According to Zee Business research, the suspicious rally in as many as 150 penny stocks of negligible businesses between 200 per cent and 2,000 per cent since April 1, 2022 has raised concerns. The 150-odd companies are either unknown or do not have any proper earnings record, the research shows.For instance, Soft Track Venture Investment’s stock has given a return of 21 per cent since November 2022 and stock’s price to earnings ratio is 371 times but the company’s revenue is hardly Rs 15 lakh to Rs 20 lakh. Penny शेयरों का लालच पड़ेगा महंगा ?समझिए Penny शेयरों का मायाजाल इस वीडियो मेंZee Business LIVE- https://t.co/XFs4LAtMCE@AshishZBiz | @AnilSinghvi_ pic.twitter.com/ygKNRXKrTQ— Zee Business (@ZeeBusiness) March 9, 2023In another instance, Shree Gang Industries’ stock has given 100 per cent return from April 2022 to September 2022 but its book value per share is negative Rs 30.3 The third suspicious case is of Bohra Industries which is a loss-making company but the stock has doubled.Companies such as Mercury Metals, S&amp;T Corp, Karnavati Finance, K&amp;R Rail Engineering, Taylormade Renew, Ascom Leasing, and Regency Ceramics also gained over 1,000 per cent this year.The report stated that many brokers have agreed that the activity in many of these stocks remain suspicious despite a Securities and Exchange Board of India (SEBI) crackdown as they have historically been part of stock market operators' pump-and-dump schemes and a route to launder money. Zee Business Panelist, Sandeep Jain and Rakesh Bansal have also cautioned investors against such stocks and have recommended to do proper research before investing in any company’s stock. SEBI’s action on pump and dump of stocks Recently, SEBI took action against people who pump and dump through YouTube. Action was taken against 45 people who pumped and dumped in Sadhna Broadcast and Sharpline Broadcast.In FY19 also SEBI had booked over 10,000 people for trading in illiquid stock options.Click here to get more stock market updates I Zee Business Live  

150 penny stocks rally up to 2,000%! Brokers suspect pump and dump, SEBI action on suspected pump and dump

150 penny stocks gain up to 2000% since last April! Sebi gets into action as brokers suspect pump and dump

A recent crackdown by market regulator Securities and Exchange Board of India (SEBI) on suspected pump-and-dump action on Dalal Street has made many rethink the consequences of bagging inexplicable bumper returns through penny stocks. Penny stocks — a term having originated from Wall Street — are stocks that trade at a low price, have low market capitalisation, are mostly illiquid, and are usually listed on smaller exchanges. According to Zee Business research, the suspicious rally in as many as 150 penny stocks of negligible businesses between 200 per cent and 2,000 per cent since April 1, 2022 has raised concerns. The 150-odd companies are either unknown or do not have any proper earnings record, the research shows. For instance, Soft Track Venture Investment’s stock has given a return of 21 per cent since November 2022 and stock’s price to earnings ratio is 371 times but the company’s revenue is hardly Rs 15 lakh to Rs 20 lakh.  Penny शेयरों का लालच पड़ेगा महंगा ? समझिए Penny शेयरों का मायाजाल इस वीडियो में Zee Business LIVE- https://t.co/XFs4LAtMCE@AshishZBiz | @AnilSinghvi_ pic.twitter.com/ygKNRXKrTQ — Zee Business (@ZeeBusiness) March 9, 2023 In another instance, Shree Gang Industries’ stock has given 100 per cent return from April 2022 to September 2022 but its book value per share is negative Rs 30.3  The third suspicious case is of Bohra Industries which is a loss-making company but the stock has doubled. Companies such as Mercury Metals, S T Corp, Karnavati Finance, K R Rail Engineering, Taylormade Renew, Ascom Leasing, and Regency Ceramics also gained over 1,000 per cent this year. The report stated that many brokers have agreed that the activity in many of these stocks remain suspicious despite a Securities and Exchange Board of India (SEBI) crackdown as they have historically been part of stock market operators pump-and-dump schemes and a route to launder money.  Zee Business Panelist, Sandeep Jain and Rakesh Bansal have also cautioned investors against such stocks and have recommended to do proper research before investing in any company’s stock.  SEBI’s action on pump and dump of stocks  Recently, SEBI took action against people who pump and dump through YouTube. Action was taken against 45 people who pumped and dumped in Sadhna Broadcast and Sharpline Broadcast. In FY19 also SEBI had booked over 10,000 people for trading in illiquid stock options. Click here to get more stock market updates I Zee Business Live   

150 penny stocks rally up to 2,000%! Brokers suspect pump and dump, SEBI action on suspected pump and dump