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.

DSIJ MINDSHARE

Mkt Commentary21-Nov, 2024

Multibaggers21-Nov, 2024

Mindshare21-Nov, 2024

Mindshare21-Nov, 2024

Mindshare21-Nov, 2024

Knowledge

MF15-Nov, 2024

General15-Nov, 2024

MF14-Nov, 2024

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR