Shankar Sharma Sold 2,29,25,000 Shares of This Penny Stock Under Rs 10; Scrip Hit 5 Per Cent Lower Circuit
Shankar Sharma Sold 2,29,25,000 Shares of This Penny Stock Under Rs 10; Scrip Hit 5 Per Cent Lower Circuit

Shankar Sharma Sold 2,29,25,000 Shares of This Penny Stock Under Rs 10; Scrip Hit 5 Per Cent Lower Circuit

The stock is 62.8 per cent down from its 52-week high of Rs 22.97 per share while it is up by 28.6 per cent from its 52-week low of Rs 6.65 per share.

Kiran Shroff Article rating: 3.7

Following Sharma's exit, Subroto Saha remains the only NRI shareholder, having held a stake in the company since the March quarter.

Shankar Sharma’s portfolio debt-free penny stock at Rs 9.97 hit upper circuit as Board is to announce results tomorrow; do you own it?
Shankar Sharma’s portfolio debt-free penny stock at Rs 9.97 hit upper circuit as Board is to announce results tomorrow; do you own it?

Shankar Sharma’s portfolio debt-free penny stock at Rs 9.97 hit upper circuit as Board is to announce results tomorrow; do you own it?

The stock has a PE of 2x, an ROE of 23 per cent and an ROCE of 31 per cent.

Kiran Shroff Article rating: 3.3

An ace investors, Shankar Sharma own a 1.14 per cent stake in the company as of March 2024.

Ace Investor Shankar Sharma purchased 3.65 lakh shares in this small-cap company; Promoters increased their stakes in Q4 FY24
Ace Investor Shankar Sharma purchased 3.65 lakh shares in this small-cap company; Promoters increased their stakes in Q4 FY24

Ace Investor Shankar Sharma purchased 3.65 lakh shares in this small-cap company; Promoters increased their stakes in Q4 FY24

The company's shares have delivered a multibagger return of around 4,535 per cent in the past five years.

Rakesh Deshmukh Article rating: 4.6

FIIs and DIIs have entered the company by acquiring stakes of 0.12 per cent and 0.08 per cent, respectively, as per the recent quarterly update.

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