Information Technology Security company’s stock locked in upper circuit after approval of NSE for Rights Issue
Information Technology Security company’s stock locked in upper circuit after approval of NSE for Rights Issue

Information Technology Security company’s stock locked in upper circuit after approval of NSE for Rights Issue

The company’s stock hit the upper circuit after NSE approved a Rights Issue. Revenue declined in Q4FY24.

Prajwal Wakhare Article rating: 4.3

The company's stock surged to the upper circuit limit following NSE's approval of a Rights Issue at Rs 40 per share. Despite a drop in revenue, investors should monitor this micro-cap IT security firm.

Penny stock under Rs 50: This IT-company bags new order worth approx. Rs 6 crore from Bharat Sanchar Nigam Limited (BSNL); details inside!
Penny stock under Rs 50: This IT-company bags new order worth approx. Rs 6 crore from Bharat Sanchar Nigam Limited (BSNL); details inside!

Penny stock under Rs 50: This IT-company bags new order worth approx. Rs 6 crore from Bharat Sanchar Nigam Limited (BSNL); details inside!

The stock’s 52-week high is Rs 134.50 and its 52-week low is Rs 37.10.

Kiran Shroff Article rating: 3.1

The total order was for 7,900 GPs worth Rs 80 out of which the above order is worth approximately Rs 6 crore [(Rs 80 crore / 7,900 GPs) * 592 GPs = approx. Rs 6 crore).

Only buyers: Shares of this micro-cap company hit the 10 per cent upper circuit after securing an order from BSNL
Only buyers: Shares of this micro-cap company hit the 10 per cent upper circuit after securing an order from BSNL

Only buyers: Shares of this micro-cap company hit the 10 per cent upper circuit after securing an order from BSNL

Over the past five trading sessions, the shares have demonstrated an impressive rally of around 25 per cent.

Mandar Wagh Article rating: 4.3

Over the past five trading sessions, the shares have demonstrated an impressive rally of around 25 per cent. 

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