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Penny Stock Open Offer: At 20 per cent premium for a consideration of Rs 15.83 crore Penny Stock Open Offer: At 20 per cent premium for a consideration of Rs 15.83 crore

Penny Stock Open Offer: At 20 per cent premium for a consideration of Rs 15.83 crore

The board in its meeting on July 29, 2024, approved a preferential allotment of 3,00,00,000 equity shares at Rs 14.33 each

Karan Dsij 0 718 Article rating: 5.0

Each share will be purchased at Rs 14.33, aggregating to a total consideration of Rs 15.83 crores, assuming full acceptance. This offer price represents a premium over the current market price of  Rs 11.93

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Penny stock below Rs 5 hits upper circuit: Gujarat-based company announces a strategic acquisition of a vessel and reports record profits! Penny stock below Rs 5 hits upper circuit: Gujarat-based company announces a strategic acquisition of a vessel and reports record profits!

Penny stock below Rs 5 hits upper circuit: Gujarat-based company announces a strategic acquisition of a vessel and reports record profits!

The acquisition, valued at USD 6 Million (approximately Rs 51.00 crore), symbolizes a strategic investment to enhance operational capabilities.

Karan Dsij 0 42524 Article rating: 4.1

The stock drew special attention as its stock soared by almost 10 percent, locking in an upper circuit on Thursday.

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Penny stock below Rs 5 hits upper circuit as 10,00,00,000 warrants allotted to promoter Penny stock below Rs 5 hits upper circuit as 10,00,00,000 warrants allotted to promoter

Penny stock below Rs 5 hits upper circuit as 10,00,00,000 warrants allotted to promoter

But there was one stock that was creating ripples in this sea of tranquility

Karan Dsij 0 18729 Article rating: 3.8

A whopping 10,00,00,000 (Ten Crores) of them, locked in a dance of financial alchemy. These warrants were set to be handed over to the 'Promoter' on a preferential basis at an enticing issue price of Rs. 3.40 per warrant. It was an opportunity that couldn't be ignored.

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Controversial multibagger penny stock under Rs 20: Hits back-to-back upper circuit; resignation of independent director – a cautionary watch or opportunity to monitor? Controversial multibagger penny stock under Rs 20: Hits back-to-back upper circuit; resignation of independent director – a cautionary watch or opportunity to monitor?

Controversial multibagger penny stock under Rs 20: Hits back-to-back upper circuit; resignation of independent director – a cautionary watch or opportunity to monitor?

The intriguing developments, together with the stock's unpredictable trajectory, underscore the importance of thorough due diligence and vigilance in navigating the investment landscape.

Karan Dsij 0 13712 Article rating: 3.5

The trajectory of stock price has been nothing short of remarkable, with the equity witnessing an astounding journey since hitting a low of Rs 9.35 in April. It subsequently surged to dizzying heights, reaching Rs 36.45, thereby emerging as a true multibagger

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Penny stock below Rs 20 witnessed promoter buying; what’s cooking? Penny stock below Rs 20 witnessed promoter buying; what’s cooking?

Penny stock below Rs 20 witnessed promoter buying; what’s cooking?

The stock had surged by an astonishing 25 per cent on a month-to-date basis, setting tongues wagging and traders speculating.

Karan Dsij 0 20043 Article rating: 3.7

With this transaction, promoter holding in the company had skyrocketed to an impressive 28.71 per cent. These developments had the market buzzing with anticipation, as investors eagerly awaited the next move in this penny stock.

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