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
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
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.
The stock drew special attention as its stock soared by almost 10 percent, locking in an upper circuit on Thursday.
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
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.
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.
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
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.
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.
Rs 13,568 crore order book: Penny stock HCC reports net profit of Rs 18.9 crore; board proposes rights issue!
The quarterly earnings will leave you in awe, as the company reported a turnover of Rs 1,230.9 crore in Q1FY24, up by 26.5 per cent
The proposal for fund-raising by way of issuance of equity shares of face value of Rs. 1 each of the company to its eligible equity shareholders on a rights basis ("Rights issue") for a value of up to Rs. 300 crore or through any other mode of capital raising.
Suzlon Energy receives new order for a 47.6 MW wind power project; stock jumps over 3 per cent!
Suzlon takes pride in the fact that committed customers like The KP Group continue
However, amidst this vibrant landscape, one stock has managed to capture the attention of market participants with its sudden surge. Suzlon Energy, the renowned Indian renewable energy solutions provider, experienced a remarkable jump of over 3 percent, accompanied by a substantial increase in trading volume.
Multibagger stock under Rs 5: Watch out for this penny stock, which was locked in the upper circuit on March 23
Today, shares of the company saw a spurt in volume by more than 8.59 times on BSE.
Today, shares of the company saw a spurt in volume by more than 8.59 times on BSE.
Multibagger stock below Rs 5: Watch out for this penny stock, which was locked in the upper circuit on March 16
The indices in the broader markets were trading lower, with BSE Small-cap Index down by 0.69 per cent and down by 3.37 per cent in last 5 days.
The indices in the broader markets were trading lower, with BSE Small-cap Index down by 0.69 per cent and down by 3.37 per cent in last 5 days.
Penny stock under Rs 5: This small-cap company secured a contract worth Rs 1.50 crore!
The company reported a net loss of Rs 0.13 crore in FY21, it skyrocketed to Rs 2.83 crore in FY22.
The company reported a net loss of Rs 0.13 crore in FY21, it skyrocketed to Rs 2.83 crore in FY22.
Penny stock HCC soars 5 per cent after landing a whopping Rs 3681 crore order for bullet train station!
The Bandra Kurla Complex (BKC) Bullet Train Station will have six platforms and each platform is approximately 414 m
However, amidst this chaos, one stock managed to steal the spotlight on D-Street - the Hindustan Construction Company Ltd. (HCC). In the last half-hour of trading, the stock staged an impressive comeback, surging above the Rs 15 level, up by almost 5 per cent. The total trading volume for the day stood at nearly 3 crore shares, exceeding its previous trading session.
Multibagger Stock below Rs 5: Keep an eye on this penny stock as it announces to set up India's first integrated smart meter manufacturing plant!
Set up India’s first Integrated Smart Meter Manufacturing Plant with Capital Expenditure of Rs. 110 crores
This penny stock under Rs 5 is set to revolutionize the Indian market with the launch of the first-ever integrated smart meter manufacturing plant.