This penny stock doubled investors' wealth in just 17 trading sessions!

Karan Dsij
/ Categories: Trending, Mindshare
This penny stock doubled investors' wealth in just 17 trading sessions!

The scrip was locked at the upper circuit limit of 5 per cent and at the same time, it touched a fresh 52-week high.

I’m sure you must have come across the funny one-liner from the famous film Phir Hera Pheri “25 din mein paisa double”. While this line has inspired many memes and many may think it can be true in dreams only, on D-Street, this turned out to be a reality.

The stock which we are talking about has doubled the investor in just 17 trading sessions. Name of the stock is Soma Textiles & Industries Ltd. The scrip was locked at the upper circuit limit of 5 per cent and at the same time, it touched a fresh 52-week high.

The company was incorporated in 1969 and it is engaged in manufacturing and trading textile fabrics.

The stock was trading at Rs 9.20 on the first trading session of February and as on the stock touched the level of Rs 21.25. As a result, the stock turned out to be multibagger.

The market capitalization of the company is Rs 69.4 crore.

Rate this article:
4.0

1 comments on article "This penny stock doubled investors' wealth in just 17 trading sessions!"

Avatar image

RAO soma

Great work

Leave a comment

Add comment

DSIJ MINDSHARE

Mkt Commentary25-Apr, 2024

Penny Stocks25-Apr, 2024

Mindshare25-Apr, 2024

Penny Stocks25-Apr, 2024

Mindshare25-Apr, 2024

Knowledge

Fundamental21-Apr, 2024

General21-Apr, 2024

Technical19-Apr, 2024

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR