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Penny stock under Rs 1: The micro-cap company announces rights issue after bonus shares & stock split; scrip hit 10 per cent upper circuit!
Penny stock under Rs 1: The micro-cap company announces rights issue after bonus shares & stock split; scrip hit 10 per cent upper circuit!

Penny stock under Rs 1: The micro-cap company announces rights issue after bonus shares & stock split; scrip hit 10 per cent upper circuit!

Shares of the company gave 55 per cent returns in just six months.

Kiran Shroff Article rating: 3.5

Issuance of up to 46,55,04,000 Equity Shares of the company having a face value of Rs 1 each by way of rights issue in the ratio of 3 equity shares for every 1 fully paid-up equity shares held by existing equity shareholder of the company as on record date (yet to be notified).

Stock below Rs 1: Shares of this small-cap company zoom 62 per cent in just 5 days as it announces rights issue!
Stock below Rs 1: Shares of this small-cap company zoom 62 per cent in just 5 days as it announces rights issue!

Stock below Rs 1: Shares of this small-cap company zoom 62 per cent in just 5 days as it announces rights issue!

The main Indian indices ended the day higher on Friday, BSE Sensex was up 1.78 per cent at a level of 58,991.52.

Kiran Shroff Article rating: 4.0

The main Indian indices ended the day higher on Friday, BSE Sensex was up 1.78 per cent at a level of 58,991.52.

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