Debt-Free Penny Stock Under Rs 1 Hit Upper Circuit After Receiving Brewery License Approval from Government of Goa
The stock is up by 21 per cent from its 52-week low of Rs 0.43 per share and has given multibagger returns of 250 per cent in 5 years.
On Friday, shares of Khoobsurat Limited hit a 5 per cent upper circuit to Rs 0.52 from its previous closing of Rs 0.50 with an intraday high of Rs 0.52 and an intraday low of Rs 0.50. The stock’s 52-week high is Rs 1.96 and its 52-week low is Rs 0.43. The shares of the company saw a spurt in volume by more than 2 times on the BSE.
Khoobsurat Limited is pleased to announce an update regarding their Goa Brewery Project, following their prior announcement on January 29, 2025. The company has successfully secured license approval from the Government of Goa on April 8, 2025, paving the way for the establishment and commencement of operations at their Goa unit. This unit will focus on the production and bottling of beer in collaboration with their strategic alliance partner, Salecte Brewing Limited, marking a significant step forward in this investment project.
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Established in 1982, Khoobsurat Limited operates within the finance and investment sector, primarily focusing on investing in a diverse portfolio of listed and unlisted shares and securities. With a market capitalization exceeding Rs 24.45 crore, the company's core business extends to providing a range of financial services, catering to the needs of both individual investors and corporate entities through its investment activities and financing solutions. As of September 2024, the company is debt-free.
As of March 2025, the shareholding pattern of the company is 0.13 per cent and the rest of the stake is owned by public shareholders, which is 99.87 per cent. The stock is up by 21 per cent from its 52-week low of Rs 0.43 per share and has given multibagger returns of 250 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.