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Penny stock below Rs 15; Board likely to announce rights issue!
Penny stock below Rs 15; Board likely to announce rights issue!

Penny stock below Rs 15; Board likely to announce rights issue!

The stock is up by 32 per cent in just 1 month.

Kiran Shroff Article rating: 4.1

The company is almost debt-free and the current debt of the company is just 0.18 crore which is just 4.50 per cent of the market cap of the company.

Penny stock Suzlon Energy announces right issue in ratio of 5:21 at a discount of 45 per cent to its market price; should one participate in it?
Penny stock Suzlon Energy announces right issue in ratio of 5:21 at a discount of 45 per cent to its market price; should one participate in it?

Penny stock Suzlon Energy announces right issue in ratio of 5:21 at a discount of 45 per cent to its market price; should one participate in it?

Issue price is fixed at Rs 5 per equity shares, which is at a discount of 45 per cent to the last traded price on NSE.

Karan Dsij Article rating: 4.0

The stock has gained 43.31 per cent in the last one year and in the last three-years it has been delivered jaw-dropping returns of 193.55 per cent, as a result, the stock has turned into a multi-bagger.

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