Penny stock under Rs 20; Board announces 9:10 rights issue!
Penny stock under Rs 20; Board announces 9:10 rights issue!

Penny stock under Rs 20; Board announces 9:10 rights issue!

The stock has witnessed a 38 per cent increase in 3 years and over 90 per cent growth in 5 years.

Kiran Shroff Article rating: 4.0

Talking about the financials, the company has a market cap of Rs 182 crore. The net sales increased by 22.40 per cent to Rs 306 crore and the net profit increased by 50 per cent to Rs 6 crore in FY23 over FY22.

Stock below Rs 20: Don't miss action in this stock that has announced rights issue!
Stock below Rs 20: Don't miss action in this stock that has announced rights issue!

Stock below Rs 20: Don't miss action in this stock that has announced rights issue!

The stock has made back-to-back upper circuits in the past few trading sessions and hence it witnessed some fresh buying.

Kiran Shroff Article rating: 4.0

The stock has made back-to-back upper circuits in the past few trading sessions and hence it witnessed some fresh buying.

Stock below Rs 20: Don't miss action in this stock that has announced rights issue worth Rs 48,92,04,000!
Stock below Rs 20: Don't miss action in this stock that has announced rights issue worth Rs 48,92,04,000!

Stock below Rs 20: Don't miss action in this stock that has announced rights issue worth Rs 48,92,04,000!

The stock has a PE multiple of 8.98, while the sectoral PE multiple is 32.8, the ROE is 44.60 per cent and the ROCE is 45.74 per cent.

Kiran Shroff Article rating: 4.0

The stock has a PE multiple of 8.98, while the sectoral PE multiple is 32.8, the ROE is 44.60 per cent and the ROCE is 45.74 per cent.

Multibagger in just 1 month: Watch this stock closely; which was locked in the upper circuit on December 20
Multibagger in just 1 month: Watch this stock closely; which was locked in the upper circuit on December 20

Multibagger in just 1 month: Watch this stock closely; which was locked in the upper circuit on December 20

The stock has gained by 138.05 per cent in just one month, while the BSE Sensex has only risen by 0.91 per cent.

Kiran Shroff Article rating: 4.1

The stock has gained by 138.05 per cent in just one month, while the BSE Sensex has only risen by 0.91 per cent.

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