Multibagger penny stock under Rs 5: This micro-cap company reports a 140 per cent jump in net profit; do you own it?
Multibagger penny stock under Rs 5: This micro-cap company reports a 140 per cent jump in net profit; do you own it?

Multibagger penny stock under Rs 5: This micro-cap company reports a 140 per cent jump in net profit; do you own it?

The stock gave multibagger returns of 180 per cent in just 3 years whereas BSE Financial Services Index is up by 85 per cent.

Kiran Shroff Article rating: 4.1

Recently, The Board of Directors of the company have recommended and approved the bonus Issue of equity shares in the proportion of 1 equity share of Rs 1 each for every 2 Equity Shares of Rs 1 each held by shareholders of the company as on the record date. The share ex-record date was Wednesday, June 19, 2023.  

Multibagger penny stock under Rs 10 hits back-to-back upper circuits; Board announced bonus shares!
Multibagger penny stock under Rs 10 hits back-to-back upper circuits; Board announced bonus shares!

Multibagger penny stock under Rs 10 hits back-to-back upper circuits; Board announced bonus shares!

The stock is up by 43 per cent in just 3 months and generated multibagger returns of over 182.73 per cent in the span of 3 years.

Kiran Shroff Article rating: 4.0

According to the financials, Ashirwad Capital has a market cap of Rs 24.88 crore with a 3-year CAGR of 39 per cent. The company reported positive numbers in its quarterly results (Q4FY23) and annual results (FY23). The company is almost debt free. The shares of the company are hitting back-to-back upper circuits in recent trading sessions.

Multibagger penny stock under Rs 10; Board announced bonus shares!
Multibagger penny stock under Rs 10; Board announced bonus shares!

Multibagger penny stock under Rs 10; Board announced bonus shares!

The stock is up by 30 per cent in just 3 months and generated multibagger returns of over 170 per cent in the span of 3 years.

Kiran Shroff Article rating: 3.8

According to the financials, Ashirwad Capital has a market cap of Rs 22.60 crore with a 3-year CAGR of 39 per cent. The company reported positive numbers in its quarterly results (Q4FY23) and annual results (FY23). The company is almost debt free. The shares of the company saw a spurt in volume by more than 2.20 times on BSE.

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