DSIJ Mindshare

Penny stock under Rs 10: Board approves fresh issuance of warrants to promoter at Rs 4/warrant; to raise up to Rs 97,00,00,000!

The stock is up by 65 per cent in just 1 month.

Kiran Shroff 0 8826 Article rating: 3.9

This micro-cap company has a market capitalization of over Rs 700 crore and very little debt. The company has only Rs 30.4 crore in outstanding debt, which is just 4.15 per cent of its current market capitalization. This means that the company is essentially debt-free.

Ace Investor Ashish Kacholia picks up stake in this company. Do you own it?

In the past 5 trading days, the stock has witnessed heavy buying, rising more than 35 per cent

Bhavya Rathod 0 1415 Article rating: 4.0

Ace investor Ashish Kacholia has been added as the name of proposed allottee, having an option of 12,28,070 shares to be issued, aggregating to approximate value of Rs 17.5 crore

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