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Source: Live Mint But even in this grim backdrop, headlines are often peppered with penny stock multi-bagger success stories, indicating an unsatiable appetite for these stocks. The allure of humungous returns on minimal investment has driven many investors towards penny stocks—microcap companies with dirt-cheap share prices. Since these stocks are priced low, even a small…
Source: Live Mint Multibagger small cap penny stock: Even as broader markets remain under severe selling pressure in recent months, some stocks have managed to weather the storm and defy the trend. Kothari Industrial Corporation is one such stock that has remained resilient despite the heavy sell-off. In the current year, the company’s shares have…
Source: Live Mint Generally, penny stocks have poor liquidity, meaning their trading volumes are low. However, if we focus solely on the price tag and disregard liquidity concerns, there are some low-priced companies with high market capitalizations and normal trading volumes. Read this | Foreign institutions bet on these three penny stocks amid their massive…
Source: Live Mint Vantage Knowledge Academy share price hit 5% upper circuit on Thursday after the company announced the allotment of bonus shares. Vantage Knowledge Academy shares were locked at ₹44.60 apiece on the BSE. The company had previously approved a bonus issue in a 2:1 ratio, granting two additional shares for every one share…
Source: Live Mint Multibagger penny stocks: Penny stocks appeal to stock market investors seeking high-growth opportunities at a lower price. These stocks are associated with smaller companies and come with higher risk, but their potential for rapid gains can be attractive. Even prominent institutional investors, such as the Life Insurance Corporation of India (LIC), hold…
Source: Live Mint Multibagger penny stock: Stock market investors are always eyeing for stocks which have the potential to fetch them good returns. Multibagger stocks are one them, however, it requires patience in order to earn good profits. One such stock is KDDL Limited. KDDL Limited share price, which ended Tuesday’s trading session at ₹2,883,…
Source: Live Mint SBC Exports share price gained on Monday despite a sharp sell-off in the Indian stock market. The small-cap stock, SBC Exports shares rose as much as 0.47% to ₹19.16 apiece on the BSE. The gains in SBC Exports shares on the day of the stock market crash came after the company announced…
Source: Live Mint Shares of Transformers & Rectifiers India (TRIL), a leading transformer manufacturer, were locked in the 5% upper circuit limit for the second straight day on February 20, reaching ₹405 apiece. The uptick in shares followed a domestic order for the supply of transformers worth ₹166.45 crore. On Tuesday, the company informed investors…
Source: Live Mint Identifying a multibagger stock in the making is tricky. Experts and market veterans say strong earnings growth visibility, growth potential of the industry, strong financials and reasonable valuation are some of the key factors that determine the growth trajectory of the stock. However, despite all these, there is no guarantee that a…
Source: Live Mint Shares of Vakrangee, a LIC-backed penny stock, were locked in their 5 percent upper circuit at ₹16.71 on Friday, February 14, following the Reserve Bank of India’s (RBI) decision to renew its authorisation for White Label ATMs. This marked the second consecutive session that the stock hit its upper circuit. In an…
