Penny stock under Re 1 Dharan Infra-EPC his upper circuit; here's why

Key Highlights

• “In view of the above, the Hon’ble NCLAT, by its order dated 06 January 2026, after being apprised of the facts and circumstances of the case, directed the Interim Resolution Professional (“IRP”) to take appropriate steps in accordance with law, including approaching the Hon’ble National Company Law Tribunal (“Hon’ble NCLT”), Mumbai Bench, by filing an application under Section 12A of the Insolvency and Bankruptcy Code, 2016.
• The Hon’ble NCLAT further directed the IRP to collate the claims received during the CIRP period and clarified that no further actions shall be undertaken in the CIRP, meanwhile,” the company said in the filing.
• IRP has initiated the process of applying Section 12A of the Insolvency and Bankruptcy Code, 2016, before the NCLAT, seeking withdrawal of the application filed under Section 7 of the Code, the filing added.
• Dharan Infra-EPC shares have been on a bull run for the past five sessions, gaining as much as 20%.
• However, looking at the share price trend in the near-term, the stock has remained under pressure amid weak market sentiments.