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Multibagger penny stock under Rs 15: Nomura Singapore Ltd ODI hikes stake in this small-cap company, share jumps over 3 per cent!
Multibagger penny stock under Rs 15: Nomura Singapore Ltd ODI hikes stake in this small-cap company, share jumps over 3 per cent!

Multibagger penny stock under Rs 15: Nomura Singapore Ltd ODI hikes stake in this small-cap company, share jumps over 3 per cent!

The stock gave multibagger returns of 123 per cent in just 2 years and over 250 per cent returns in 3 years.

Kiran Shroff Article rating: 3.8

According to the annual results, net sales increased by 90.33 per cent to Rs 490.51 crore and net profit skyrocketed by 395.97 per cent to Rs 5.79 crore in FY23 over FY22. In the last financial year, the company declared bonus share in the ratio 1:1 and a dividend of Rs 0.0010 per share for a face value of Rs 1.

Global giants Nomura and Forbes EMF buy a stake in this company
Global giants Nomura and Forbes EMF buy a stake in this company

Global giants Nomura and Forbes EMF buy a stake in this company

Through the qualified institutional placement (QIP), the diversified-listed conglomerate will be launching Rs 50 crore from the investors.

Mandar Wagh Article rating: 4.9

Through the qualified institutional placement (QIP), the diversified-listed conglomerate will be launching Rs 50 crore from the investors.

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