Promoters sold 44,46,000 shares of this penny stock under Rs 10; Board likely to announce bonus shares & stock split Promoters sold 44,46,000 shares of this penny stock under Rs 10; Board likely to announce bonus shares & stock split The stock is trading at 0.99 times its book value and debtor days have improved from 139 to 104 days. Kiran Shroff / Tuesday, April 9, 2024 / Article rating: 3.4 The shares of the company have a PE of 20x whereas the industry PE is 35x, an ROE of 7 per cent and an ROCE of 9 per cent.