Penny stock under Rs 1: The micro-cap company announces rights issue after bonus shares & stock split; scrip hit 10 per cent upper circuit!
Penny stock under Rs 1: The micro-cap company announces rights issue after bonus shares & stock split; scrip hit 10 per cent upper circuit!

Penny stock under Rs 1: The micro-cap company announces rights issue after bonus shares & stock split; scrip hit 10 per cent upper circuit!

Shares of the company gave 55 per cent returns in just six months.

Kiran Shroff Article rating: 3.5

Issuance of up to 46,55,04,000 Equity Shares of the company having a face value of Rs 1 each by way of rights issue in the ratio of 3 equity shares for every 1 fully paid-up equity shares held by existing equity shareholder of the company as on record date (yet to be notified).

Low PE multibagger penny stock below Rs 10: Board announced rights issue; know the record date!
Low PE multibagger penny stock below Rs 10: Board announced rights issue; know the record date!

Low PE multibagger penny stock below Rs 10: Board announced rights issue; know the record date!

The stock gave multibagger returns of 475 per cent in the span of 3 years whereas BSE Sensex Index is up by 71.49 per cent.

Kiran Shroff Article rating: 4.0

On Tuesday, shares of Bhandari Hosiery Exports Ltd plunged 1.14 per cent to Rs 6.96 per share with an intraday high of Rs 7.13 and an intraday low of Rs 6.75. The shares of the company have a PE of 15x whereas the industry PE is 30x. The stock is trading at Rs 1.18 times its book value of Rs 5.95 each.

Low PE high ROE multibagger penny stock below Rs 5; Board announced rights issue!
Low PE high ROE multibagger penny stock below Rs 5; Board announced rights issue!

Low PE high ROE multibagger penny stock below Rs 5; Board announced rights issue!

The stock gave multibagger returns of over 350 per cent in just 3 years whereas the BSE Sensex Index is up by 71 per cent.

Kiran Shroff Article rating: 4.0

The company has a market cap of Rs 57 crore and has delivered good profit growth of 149 per cent CAGR over the last 5 years. The company reported positive numbers in its quarterly results (Q1FY24) and annual results (FY23). The stock is trading at 0.92 times its book value.

Rs 6,122.3 crore order book: This multibagger railway wagons company likely to announce rights issue after reporting a 385 per cent jump in net profit!
Rs 6,122.3 crore order book: This multibagger railway wagons company likely to announce rights issue after reporting a 385 per cent jump in net profit!

Rs 6,122.3 crore order book: This multibagger railway wagons company likely to announce rights issue after reporting a 385 per cent jump in net profit!

The stock gave multibagger returns of 270 per cent in just 6 months, 360 per cent in 1 year and a whopping 1,000 per cent in 2 years.

Kiran Shroff Article rating: 4.0

The net sales skyrocketed by 155.25 per cent to Rs 753 crore and net profit skyrocketed by 385 per cent to Rs 63 crore in Q1FY24 compared to Q1FY23. The net sales increased by 75.55 per cent to Rs 2068 crore and net profit skyrocketed by 142 per cent to Rs 121 crore in FY23 compared to FY22.

Low PE high ROE multibagger penny stock below Rs 5: Board likely to announce rights issue; scrip hits back-to-back upper circuit!
Low PE high ROE multibagger penny stock below Rs 5: Board likely to announce rights issue; scrip hits back-to-back upper circuit!

Low PE high ROE multibagger penny stock below Rs 5: Board likely to announce rights issue; scrip hits back-to-back upper circuit!

The stock gave multibagger returns of over 350 per cent in just 3 years whereas the BSE Sensex Index is up by 67 per cent.

Kiran Shroff Article rating: 4.2

The company has a market cap of Rs 57 crore and has delivered good profit growth of 149 per cent CAGR over the last 5 years. The company reported positive numbers in its quarterly results (Q1FY24) and annual results (FY23). The stock is trading at 0.92 times its book value.

Multibagger penny stock under Rs 15 announces rights issue up to Rs 50,00,00,000 after reporting a 525 per cent jump in net profit!
Multibagger penny stock under Rs 15 announces rights issue up to Rs 50,00,00,000 after reporting a 525 per cent jump in net profit!

Multibagger penny stock under Rs 15 announces rights issue up to Rs 50,00,00,000 after reporting a 525 per cent jump in net profit!

An Foreign Institutional Investor, Nomura Singapore Ltd ODI has hiked its stake in this company from 1.28 per cent to 2.19 per cent.

Kiran Shroff Article rating: 3.9

Nomura Singapore Ltd ODI increases its shareholding to over 2 per cent of total share capital. Nomura Singapore Ltd ODI has hiked its stake in Mishtann Foods Ltd from 1.28 per cent (1,28,25,854 shares) to 2.19 per cent (2,18,82,762 shares).

Rs 24,00,00,000 rights issue announced by this multibagger micro-cap company; scrip up by 433 per cent in just 3 years!
Rs 24,00,00,000 rights issue announced by this multibagger micro-cap company; scrip up by 433 per cent in just 3 years!

Rs 24,00,00,000 rights issue announced by this multibagger micro-cap company; scrip up by 433 per cent in just 3 years!

The stock is up by 22 per cent in 1 year and a whopping 433 per cent in 3 years.

Kiran Shroff Article rating: 3.5

The net sales increased by 25 per cent to Rs 63.05 crore and the net profit skyrocketed by 260 per cent to Rs 1.51 crore in H2FY23 compared to H1FY23.

Multibagger penny stock under Rs 15; Board announces rights issue after reporting a 140 per cent jump in revenue and net profit turnaround!
Multibagger penny stock under Rs 15; Board announces rights issue after reporting a 140 per cent jump in revenue and net profit turnaround!

Multibagger penny stock under Rs 15; Board announces rights issue after reporting a 140 per cent jump in revenue and net profit turnaround!

The stock gave multibagger returns of 129.83 per cent from its 52-week low of Rs 6.27 whereas BSE Small-cap is up by 22.35 per cent.

Kiran Shroff Article rating: 4.0

Talking about the financials, SPEC has a market cap of Rs 1,976.23 crore. In Q1FY23, net sales skyrocketed by 140 per cent to Rs 143.28 crore compared to Q1FY23. The company reported a net profit of Rs 4.93 crore in Q1FY24 compared to a net loss of Rs 30.85 crore in Q1FY23 and a net loss of Rs 20.15 crore in Q4FY23.

Rs 30,79,85,120 rights issue in this multibagger stock under Rs 50 after bonus shares; scrip up by 1,395 per cent in just 3 years!
Rs 30,79,85,120 rights issue in this multibagger stock under Rs 50 after bonus shares; scrip up by 1,395 per cent in just 3 years!

Rs 30,79,85,120 rights issue in this multibagger stock under Rs 50 after bonus shares; scrip up by 1,395 per cent in just 3 years!

The stock has a 52-week high of Rs 83.80 and a 52-week low of Rs 29.70.

Kiran Shroff Article rating: 3.6

The company previously announced a bonus share issue in the ratio of 3 new shares for every 1 existing share. The ex-date for the bonus shares was Friday, June 02, 2023. Talking about the financials, the company has a market cap of Rs 288 crore and reported positive numbers in its half-yearly results and annual results.

Rs 2,00,00,00,000 rights issue announced by this multibagger company after reporting a 1,700 per cent jump in net profit in Q1FY24!
Rs 2,00,00,00,000 rights issue announced by this multibagger company after reporting a 1,700 per cent jump in net profit in Q1FY24!

Rs 2,00,00,00,000 rights issue announced by this multibagger company after reporting a 1,700 per cent jump in net profit in Q1FY24!

The stock gave multibagger returns of 105 per cent in just 6 months and over 250 per cent in 1 year.

Kiran Shroff Article rating: 3.8

Earlier, the company announced its stellar quarterly results ended June 30, 2023. The net sales increased by 33.41 per cent to Rs 555 crore, the operating profit increased by 71.43 per cent to Rs 60 crore and the net profit skyrocketed 1,700 per cent to Rs 16 crore in Q1FY24 compared to Q1FY23.

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