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Penny stock under Rs 5; Board likely to announce rights issue!
Penny stock under Rs 5; Board likely to announce rights issue!

Penny stock under Rs 5; Board likely to announce rights issue!

The shares of the company gave 68.75 per cent returns in 3 years to its investors.

Kiran Shroff Article rating: 3.9

Talking about the financials, the company has a market cap of Rs 22.68 crore with a 3-year CAGR of 19 per cent. The company reported positive numbers in its quarterly results and annual results. In FY23, the company reported net sales of Rs 20.15 crore and net profit of Rs 0.73 crore.

Stock below Rs 10: Keep an eye on this penny stock, which was locked in the upper circuit on December 19
Stock below Rs 10: Keep an eye on this penny stock, which was locked in the upper circuit on December 19

Stock below Rs 10: Keep an eye on this penny stock, which was locked in the upper circuit on December 19

The stock is up by 83.75 per cent in 6 months while BSE Sensex has only increased by 19.7 per cent in 6 months.

Kiran Shroff Article rating: 4.1

The stock is up by 83.75 per cent in 6 months while BSE Sensex has only increased by 19.7 per cent in 6 months. Investors must keep this stock on their watch list.

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