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Multibagger penny stock under Rs 5; Board announced bonus shares!
Multibagger penny stock under Rs 5; Board announced bonus shares!

Multibagger penny stock under Rs 5; Board announced bonus shares!

The stock has a PE of 13.30x whereas the sectoral PE is 33.20x with a ROE of 21 per cent.

Kiran Shroff Article rating: 3.9

According to the financials, this NBFC company have a market cap of Rs 28.97 crore. The company reported net sales of Rs 0.87 crore and a net profit of Rs 0.55 crore with EPS of Rs 0.10 in Q4FY23. The net sales increased by 151.75 per cent to Rs 3.60 crore and net profit skyrocketed by 282.46 per cent to Rs 2.18 in FY23 compared to FY22.

Watch out for these penny stocks locked in the upper circuit on December 29
Watch out for these penny stocks locked in the upper circuit on December 29

Watch out for these penny stocks locked in the upper circuit on December 29

For the second day in a row, there was some selling pressure on financial equities. Due to the expiration of monthly options, trading may be volatile.

Kaustubh Bhosale Article rating: 4.3

The domestic equities indices reached a new intraday low while continuing their downward trend. 

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