Penny stock under Rs 5: This micro-cap company receives export order for 63,277 MT pure cotton; hits 5 per cent upper circuit!
Penny stock under Rs 5: This micro-cap company receives export order for 63,277 MT pure cotton; hits 5 per cent upper circuit!

Penny stock under Rs 5: This micro-cap company receives export order for 63,277 MT pure cotton; hits 5 per cent upper circuit!

The stock has a 52-week high of Rs 9.99 per share and a 52-week low of Rs 2.30 per share.

Kiran Shroff Article rating: 3.8

The company has a market cap of Rs 103 crore and reported positive numbers in both quarterly results and annual results. Previously the company traded ex- split having a face value of Rs 10 each in 10 equity shares of Rs 1 each which had an ex-record date of May 16, 2023.

Stock below Rs 5: Do you own this penny stock that has announced stock split?
Stock below Rs 5: Do you own this penny stock that has announced stock split?

Stock below Rs 5: Do you own this penny stock that has announced stock split?

The company recently declared December quarter (Q3) results wherein net profit skyrocketed 366.67 per cent compared to the same quarter last year.

Kiran Shroff Article rating: 3.9

The company recently declared December quarter (Q3) results wherein net profit skyrocketed 366.67 per cent compared to the same quarter last year.

Penny stock under Rs 5 hits back-to-back 33 upper circuits; rallies 400 per cent!
Penny stock under Rs 5 hits back-to-back 33 upper circuits; rallies 400 per cent!

Penny stock under Rs 5 hits back-to-back 33 upper circuits; rallies 400 per cent!

Would this stock continue its upward trend, or it would be a case of pump and dump?

Karan Dsij Article rating: 3.8

The stock embarked on this journey on December 12, 2022, and thereafter, there is no looking back as it has gone from strength to strength and within no time from Rs 0.52 it touched the level of Rs 2.62 on January 27, 2023.

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