Can this penny stock see a Suzlon-like turnaround? Trades at a huge discount to book value – Watch out!
Can this penny stock see a Suzlon-like turnaround? Trades at a huge discount to book value – Watch out!

Can this penny stock see a Suzlon-like turnaround? Trades at a huge discount to book value – Watch out!

This momentum has carried through to October, as the stock posted a near 5 per cent gain despite turbulent market conditions, coupled with the highest trading volume recorded since its listing.

Karan Dsij Article rating: 3.6

Interestingly, after touching a multi-month high, the stock encountered a pullback that stabilized around the critical 100-EMA support level, forming a strong bullish candle

Hidden Gem: This smallcap stock is trading at 80 per cent to its book value!
Hidden Gem: This smallcap stock is trading at 80 per cent to its book value!

Hidden Gem: This smallcap stock is trading at 80 per cent to its book value!

Stock’s P/E stands at 9.73 and FII holding in the stock stands at 0.54 per cent with 0.04 per cent addition

Karan Dsij Article rating: 3.9

The Co holds significant investments in Equity Shares of various diversified companies like Century Textiles and Industries Limited, Grasim Industries Limited, Hindalco Industries Limited, UltraTech Cement Limited, Vodafone Idea Limited, Birla Tyres, Kesoram Industries Limited etc. Along with this the company has many prime properties.  

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DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

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