Promoters sold 44,46,000 shares of this penny stock under Rs 10; Board likely to announce bonus shares & stock split
Promoters sold 44,46,000 shares of this penny stock under Rs 10; Board likely to announce bonus shares & stock split

Promoters sold 44,46,000 shares of this penny stock under Rs 10; Board likely to announce bonus shares & stock split

The stock is trading at 0.99 times its book value and debtor days have improved from 139 to 104 days.

Kiran Shroff Article rating: 3.4

The shares of the company have a PE of 20x whereas the industry PE is 35x, an ROE of 7 per cent and an ROCE of 9 per cent.  

Penny Stocks: Stocks likely to be in focus tomorrow!
Penny Stocks: Stocks likely to be in focus tomorrow!

Penny Stocks: Stocks likely to be in focus tomorrow!

The following penny stocks are likely to be in focus on Wednesday, April 10, 2024.

Vaishnavi Chauhan Article rating: 2.7

Furthermore, the broader market sentiment was negative, with more declining stocks than advancing ones.

Ashish Kacholia’s portfolio multibagger penny stock announces rights issue; Company successfully executes order worth Rs 39.04 crore from MPSEZL
Ashish Kacholia’s portfolio multibagger penny stock announces rights issue; Company successfully executes order worth Rs 39.04 crore from MPSEZL

Ashish Kacholia’s portfolio multibagger penny stock announces rights issue; Company successfully executes order worth Rs 39.04 crore from MPSEZL

The stock gave multibagger returns of 283 per cent from its 52-week low of Rs 5.87 per share.

Kiran Shroff Article rating: 3.3

The stock gave multibagger returns of 283 per cent from its 52-week low of Rs 5.87 per share.

Rs 26,00,00,000 loan re-paid: This micro-cap company achieved a 24 per cent reduction in its overall debt
Rs 26,00,00,000 loan re-paid: This micro-cap company achieved a 24 per cent reduction in its overall debt

Rs 26,00,00,000 loan re-paid: This micro-cap company achieved a 24 per cent reduction in its overall debt

The stock is down by 48 per cent from its 52-week high of Rs 11.47 per share while the stock is up by 53 per cent from its 52-week low of Rs 3.96 per share.

Kiran Shroff Article rating: 3.7

According to the shareholding pattern of the company, the promoters own a 61.28 per cent stake, FIIs own a 3.69 per cent stake and the public owns 35.03 per cent of the company as of December 2023.

Penny Stocks: Stocks likely to be in focus tomorrow!
Penny Stocks: Stocks likely to be in focus tomorrow!

Penny Stocks: Stocks likely to be in focus tomorrow!

The following penny stocks are likely to be in focus on Tuesday, April 09, 2024.

Vaishnavi Chauhan Article rating: 3.5

With 939 stocks advancing and 1,180 declining, the broader market sentiment showed a slight negative bias.

Multibagger penny stock below Rs 6 and promoters & FIIs increase stake: Board allocated 5,20,00,000 equity shares upon conversion of warrants!
Multibagger penny stock below Rs 6 and promoters & FIIs increase stake: Board allocated 5,20,00,000 equity shares upon conversion of warrants!

Multibagger penny stock below Rs 6 and promoters & FIIs increase stake: Board allocated 5,20,00,000 equity shares upon conversion of warrants!

From Rs 2.66 per share (52-week low) to today’s intraday high of Rs 5.49 per share, the stock gave multibagger returns of over 100 per cent.

Kiran Shroff Article rating: 3.7

From Rs 2.66 per share (52-week low) to today’s intraday high of Rs 5.49 per share, the stock gave multibagger returns of over 100 per cent.

Penny stocks under Rs 10 with high trading and delivery volumes
Penny stocks under Rs 10 with high trading and delivery volumes

Penny stocks under Rs 10 with high trading and delivery volumes

Today, the Indian market is trading positively, around its all-time high levels on the first day of the week.

Rakesh Deshmukh Article rating: 4.0

High trading and delivery volumes in stocks indicate increased market activity and investor participation, potentially signaling growing interest or price momentum.

2:1 bonus share & 10:1 stock split: Multibagger penny stock in green as the company acquired 100 per cent stake in Green Point Pvt Ltd worth USD 40,000
2:1 bonus share & 10:1 stock split: Multibagger penny stock in green as the company acquired 100 per cent stake in Green Point Pvt Ltd worth USD 40,000

2:1 bonus share & 10:1 stock split: Multibagger penny stock in green as the company acquired 100 per cent stake in Green Point Pvt Ltd worth USD 40,000

The stock gave multibagger returns of 287 per cent in just 1 year and of a whopping 750 per cent in 5 years.

Kiran Shroff Article rating: 4.1

The company's shares have ex-traded bonus shares and stock split in the financial year 2023 – 2024, i.e., 2:1 bonus shares and stock split from a face value of Rs 10 to Rs 1.

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