Promoters sold 98,796 shares: Low PE penny stock under Rs 20; Board approves Rs 8 crore rights issue Promoters sold 98,796 shares: Low PE penny stock under Rs 20; Board approves Rs 8 crore rights issue The stock is up by 33 per cent from its 52-week low of Rs 9.40 per share with a PE of 9x whereas the industry PE is 40x. Kiran Shroff / Thursday, November 14, 2024 / Article rating: 4.2 The stock is up by 33 per cent from its 52-week low of Rs 9.40 per share with a PE of 9x whereas the industry PE is 40x.
PE at 1.5x: 10,000 per cent Revenue Growth and 980 per cent Profit Increase – Is a Zomato-like Rally Possible for This Penny Stock? PE at 1.5x: 10,000 per cent Revenue Growth and 980 per cent Profit Increase – Is a Zomato-like Rally Possible for This Penny Stock? The stock’s market cap is about Rs 91 crore, and it trades at a PE of 1.53x with an ROCE of 78.4 per cent. Karan Dsij / Sunday, August 4, 2024 / Article rating: 4.1 Low PE, High ROCE: Penny Stock Reports Robust Financial Results – Is a Zomato-like Rally Possible?