DSIJ Mindshare

The shares of Sri Havisha Hospitality & Infrastructure, currently trading at Rs 1.86 per share, belong to the category of ultra penny stocks.

BSE Administration and Supervision Ltd. (BASL) has been granted recognition as Investment Adviser Administration and Supervisory Body (IAASB) for a period of three years from June 01, 2021, in accordance with SEBI (Investment Advisers) Regulations 2013.

Penny stocks are known to trade at low rates for a number of reasons. The most common being that a larger portion of the investing community isn’t much inclined towards them and if they do invest, then they exit as soon as they deliver good returns.  

Due to the recent profit booking, Sensex witnessed a pause in its rally. The benchmark index has gone up by a mere 0.34 per cent in the month of June 2021.  

As the monsoon season has begun, the agriculture sector is once again in the spotlight as investors remain optimistic about the sector’s outlook.