10:51 rights issue & Target for 1-GW capacity: LIC-backed multibagger penny stock under Rs 25 hit 10 per cent upper circuit; Rights issue to open next week! 10:51 rights issue & Target for 1-GW capacity: LIC-backed multibagger penny stock under Rs 25 hit 10 per cent upper circuit; Rights issue to open next week! The stock gave multibagger returns of 106.9 per cent returns from its 52-week low of Rs 11.17 per share; 815 per cent in 3 years and a whopping 1,100 per cent in 5 years. Kiran Shroff / Thursday, August 22, 2024 / Article rating: 4.7 As of June 2024, Life Insurance Corporation of India (LIC) owns a 1.57 per cent stake in the company.