Shares of MSME unit Toss The Coin hit the upper circle on January 9. On this day, the company’s shares closed at Rs 842.55 in Bombay Stock Exchange (BSE) with an increase of 5 percent. In the last three days, the shares of this MSME company have seen an increase of 21%. The company was listed in the stock market on 16 December 2024 and after that its shares have seen an increase of 132%.
The company’s shares were listed at Rs 363 after the issue price of Rs 182. Despite reducing the circuit limit by the stock exchange, the rising trend in the company’s shares continues. The company had also issued a clarification on January 6 regarding the rise in Toss the Coin shares. The company said, ‘The rise in the prices of the company’s shares is purely based on market activities and the company neither has any control over this matter nor has any knowledge about its reasons.’
Stock exchanges had increased the price band of Toss the Coin from 5% to 20% from January 1, 2025. However, from January 3, 2025, BSE changed the price band to 10 percent. After this, it was again reduced to 5% from January 8, 2025.
Currently, Toss The Coin is trading under the “MT” group on the Bombay Stock Exchange (BSE). Listing of SME shares in BSE is under “M” Group and “MT” Group. Toss the Coin is a marketing consulting firm that helps B2B technology companies grow through customized solutions and expert consulting services. The company prepares market strategies for all types of tech units.