Multibagger penny stock below Rs 6: Rights issue at a 68 per cent discount with a 1:1 ratio; Will this announcement act as a catalyst, sparking a Suzlon-like rally? Multibagger penny stock below Rs 6: Rights issue at a 68 per cent discount with a 1:1 ratio; Will this announcement act as a catalyst, sparking a Suzlon-like rally? Comparisons to past market movers, such as Suzlon, naturally come to mind. Karan Dsij / Wednesday, January 3, 2024 / Article rating: 3.8 The stock's journey has been nothing short of remarkable, witnessing a multibagger surge from Rs 2.77 to a stellar 52-week high of Rs 5.68 in just nine months. The question on every investor's mind now is: What fueled the stock's surge on Wednesday?