Watch out for these penny stocks locked in the upper circuit on August 16 Watch out for these penny stocks locked in the upper circuit on August 16 Sensex and Nifty indices initiated the session with declines, marking drops of 0.21 per cent and 0.31 per cent respectively. Vaishnavi Chauhan / Wednesday, August 16, 2023 0 2989 Article rating: 4.1 Assessing the broader market sentiment, approximately 993 stocks are on an upward trajectory, while 887 stocks are witnessing declines. This balanced discrepancy reflects a neutral sentiment prevailing in the broader market landscape. Read more
Multibagger stock under Rs 50: This micro-cap company reports a 76 per cent jump in net profit; scrip up by 2,700 per cent in 3 years! Multibagger stock under Rs 50: This micro-cap company reports a 76 per cent jump in net profit; scrip up by 2,700 per cent in 3 years! In the previous financial year, the company announced bonus shares in the ratio of 4:1. The bonus issue went effective on January 06, 2023. Kiran Shroff / Wednesday, August 16, 2023 0 9501 Article rating: 3.8 Additionally, as per bulk deal data available on BSE, Societe Generale, a Foreign Institutional Investor (FII) picked up 60,00,000 shares in Rama Steel Tubes on July 18, 2023, at an average price of Rs 38.17 per share totalling to Rs 22.90 crore. Read more
147 per cent returns: Multibagger micro-cap company receives order worth Rs 1.87 crore from Airport Authority of India after bonus shares! 147 per cent returns: Multibagger micro-cap company receives order worth Rs 1.87 crore from Airport Authority of India after bonus shares! The promotors of the company hold a 67.70 per cent stake in the company and the rest is owned by the general public which is 32.30 per cent as of March 2023. Kiran Shroff / Wednesday, August 16, 2023 0 759 Article rating: 4.2 The net sales increased by 74.50 per cent to Rs 13.76 crore and net profit increased by 53.64 per cent to Rs 0.34 crore in H2FY23 over H2FY22. The net sales increased by 70.26 per cent to Rs 22.55 crore and net profit increased by 34.06 per cent to Rs 0.67 crore in FY23 over FY22. Read more
700 per cent returns in this multibagger stock; Board announces stock split! 700 per cent returns in this multibagger stock; Board announces stock split! The stock gave multibagger returns of 216 per cent in just 1 year and over 700 per cent in 3 years. Kiran Shroff / Wednesday, August 16, 2023 0 12933 Article rating: 4.0 The net sales increased by 13 per cent to Rs 272 crore and the net profit increased by 20 per cent to Rs 6 crore in FY23 over FY22. Read more
19,000 per cent: This multibagger micro-cap company reports a 210 per cent jump in net profit and announces stellar dividend! 19,000 per cent: This multibagger micro-cap company reports a 210 per cent jump in net profit and announces stellar dividend! The stock gave investors a staggering 105 per cent return in just 1 year, 320 per cent in 2 years, 2200 per cent in 3 years, and over 19,000 per cent in a decade. Kiran Shroff / Wednesday, August 16, 2023 0 8316 Article rating: 4.3 The net sales increased by 85.10 per cent to Rs 295.58 crore, profit before tax increased by 207.20 per cent to Rs 18.58 crore and net profit increased by 210 per cent to Rs 14.01 crore in Q1FY24 compared to Q1FY23. Read more