IPO Riding High on Success: Achieves 100 per cent profit growth, declares Interim Dividend but Director Resigns
IPO Riding High on Success: Achieves 100 per cent profit growth, declares Interim Dividend but Director Resigns

IPO Riding High on Success: Achieves 100 per cent profit growth, declares Interim Dividend but Director Resigns

Currently, the stock is trading at Rs 379.50, with 9 consecutive green days.

Prajwal Wakhare Article rating: 4.0

Investors experienced a total return of 35.44 per cent. The firm boasts its financial position with a promoter holding of 69.7 per cent, highlighting the promoter’s confidence in the business. The company has healthy Return on Equity at 24.8 per cent.

From Rs 163 IPO to Penny Stock at Rs 48; How Do Investors Reap 200 per cent gains? Know more here!
From Rs 163 IPO to Penny Stock at Rs 48; How Do Investors Reap 200 per cent gains? Know more here!

From Rs 163 IPO to Penny Stock at Rs 48; How Do Investors Reap 200 per cent gains? Know more here!

How 3-digit IPO became a penny stock of Rs 48 and still trippled the wealth while having the listing gains of 253 per cent. Here is the story,

Prajwal Wakhare Article rating: 3.9

On Friday, the company's share price hit a new 52-week high of Rs 48.8, which means that the absolute value of an allottee's investment would have turned to Rs 43,920, up from the Rs 14,670 required to apply for one lot of the IPO. This means the net increase in an investor's money after the 1:10 stock split would have been around 200 per cent in two years.

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