Textile penny stock below Rs 5 rights issue oversubscribed by 124 per cent, raising Rs 45.04 crore for strategic growth Textile penny stock below Rs 5 rights issue oversubscribed by 124 per cent, raising Rs 45.04 crore for strategic growth Strong investor confidence fuels the company's ambitious expansion plans, with the Rs 45.04 crore rights issue seeing overwhelming demand. Vardan Pandhare / Monday, February 10, 2025 / Article rating: 4.3
Textile penny stock below Rs 5 unveils rights issue; stock jumps over 4.50 per cent Textile penny stock below Rs 5 unveils rights issue; stock jumps over 4.50 per cent This strategic move aims to bolster the expansion and profitability of the company. Vardan Pandhare / Wednesday, January 29, 2025 / Article rating: 4.0 The company reported a 102.20 per cent YoY increase in net profit for Q2 FY25.
Textile penny stock below Rs 5 gets approval to raise Rs 45 crore through rights issue; declares robust earnings numbers Textile penny stock below Rs 5 gets approval to raise Rs 45 crore through rights issue; declares robust earnings numbers The proceeds from the Rights Issue will be used to strengthen its working capital, thereby boosting growth. Vardan Pandhare / Tuesday, January 14, 2025 / Article rating: 4.3 The company seeks to sustain this momentum through strategic initiatives focused on driving sustained growth and profitability.