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

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 Article rating: 4.3

The company seeks to sustain this momentum through strategic initiatives focused on driving sustained growth and profitability. 

Suzlon’s Peer Power Penny Stock Under Rs 30; Board Approves Fundraise via Rights Issue and Overseas Securities for Business Expansion
Suzlon’s Peer Power Penny Stock Under Rs 30; Board Approves Fundraise via Rights Issue and Overseas Securities for Business Expansion

Suzlon’s Peer Power Penny Stock Under Rs 30; Board Approves Fundraise via Rights Issue and Overseas Securities for Business Expansion

The is trading at 1.10 times its book value and stock is up by 35 per cent from its 52-week low of Rs 18.41 per share.

Kiran Shroff Article rating: 3.8

The is trading at 1.10 times its book value and stock is up by 35 per cent from its 52-week low of Rs 18.41 per share.

LIC-Backed Penny Stock Under Rs 35 Hit 10 Per Cent Upper Circuit as Board Is Likely to Raise Funds via Rights Issue or Any Other Mode
LIC-Backed Penny Stock Under Rs 35 Hit 10 Per Cent Upper Circuit as Board Is Likely to Raise Funds via Rights Issue or Any Other Mode

LIC-Backed Penny Stock Under Rs 35 Hit 10 Per Cent Upper Circuit as Board Is Likely to Raise Funds via Rights Issue or Any Other Mode

The stock’s 52-week high is Rs 37.72 per share and the stock is up by 65.5 per cent from its 52-week low of Rs 18.45 per share.

Kiran Shroff Article rating: 4.0

The stock’s 52-week high is Rs 37.72 per share and the stock is up by 65.5 per cent from its 52-week low of Rs 18.45 per share.

1:1 Rights Issue: Multibagger Penny Stock Under Rs 5 Hit Upper Circuit After Announcing Rights Issue Worth Rs 10,00,00,000
1:1 Rights Issue: Multibagger Penny Stock Under Rs 5 Hit Upper Circuit After Announcing Rights Issue Worth Rs 10,00,00,000

1:1 Rights Issue: Multibagger Penny Stock Under Rs 5 Hit Upper Circuit After Announcing Rights Issue Worth Rs 10,00,00,000

The stock gave multibagger returns of over 100 per cent from its 52-week low of Rs 2 per share.

Kiran Shroff Article rating: 3.8

The stock gave multibagger returns of over 100 per cent from its 52-week low of Rs 2 per share.

FIIs Bought 75,59,884 Shares: Low PE & High ROE Multibagger Penny Stock Under Rs 30; Board Announces Rights Issue of Rs 49,75,00,000
FIIs Bought 75,59,884 Shares: Low PE & High ROE Multibagger Penny Stock Under Rs 30; Board Announces Rights Issue of Rs 49,75,00,000

FIIs Bought 75,59,884 Shares: Low PE & High ROE Multibagger Penny Stock Under Rs 30; Board Announces Rights Issue of Rs 49,75,00,000

The stock gave multibagger returns of 100 per cent from its 52-week low of Rs 15.10 per share.

Kiran Shroff Article rating: 4.1

The stock gave multibagger returns of 100 per cent from its 52-week low of Rs 15.10 per share.

7,500 Per Cent Returns: Multibagger Aerospace & Defence Telecom Stock In Green as Board to Raise Rs 49,70,00,000 via Rights Issue
7,500 Per Cent Returns: Multibagger Aerospace & Defence Telecom Stock In Green as Board to Raise Rs 49,70,00,000 via Rights Issue

7,500 Per Cent Returns: Multibagger Aerospace & Defence Telecom Stock In Green as Board to Raise Rs 49,70,00,000 via Rights Issue

The stock gave multibagger returns of 103 per cent from its 52-week low, 1,275 per cent in 3 years and a whopping 7,500 per cent in a decade.

Kiran Shroff Article rating: 4.2

The stock gave multibagger returns of 103 per cent from its 52-week low, 1,275 per cent in 3 years and a whopping 7,500 per cent in a decade.

Penny IT Stock Under Rs 2 Hit Back-To-Back Upper Circuits; Board To Raise 49,00,00,000 via Rights Issue of Shares
Penny IT Stock Under Rs 2 Hit Back-To-Back Upper Circuits; Board To Raise 49,00,00,000 via Rights Issue of Shares

Penny IT Stock Under Rs 2 Hit Back-To-Back Upper Circuits; Board To Raise 49,00,00,000 via Rights Issue of Shares

From Rs 0.80 (52-week low) to Rs 1.16 per share, the stock is up by 45 per cent.

Kiran Shroff Article rating: 3.9

In the recent trading session, the stock has been hitting back-to-back upper circuits and today, shares of the company saw a spurt in volume by more than 4.16 times on BSE.

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