Debt-free penny stock under Rs 1: Company placed an order for procuring machines and tools related to production and bottling of beer
The stock is up by 37.2 per cent from its 52-week low of Rs 0.43 per share and has given multibagger returns of 300 per cent in 5 years.
Further to its announcement dated April 10, 2025, Khoobsurat Limited is pleased to provide an update on the Goa Brewery Project, following our strategic alliance and investment. Salcete Brewing Ltd has successfully secured all necessary licenses from the Government of Goa and has subsequently placed orders for the required production and bottling machinery. We anticipate that the installation of this machinery, along with trial runs and batch testing, will be completed by December 2025. Commercial production of beer at the Goa Brewery is projected to commence in March 2026.
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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 capitalisation exceeding Rs 27.75 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 March 2025, 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 37.2 per cent from its 52-week low of Rs 0.43 per share and has given multibagger returns of 300 per cent in 5 years.
Disclaimer: The article is for informational purposes only and not investment advice.