Penny stock under Rs 1: Company bags project worth 30 billion Dirham from UAE's Bloom Infra Penny stock under Rs 1: Company bags project worth 30 billion Dirham from UAE's Bloom Infra The company's stock hits upper circuit today, and the trading volumes surged by over 6.77 times on the BSE. Rakesh Deshmukh / Thursday, May 2, 2024 / Article rating: 3.8 In January 2024, the company's Board of Directors announced a rights issue of shares in the ratio of 7 shares for every 5 shares held.