There was a race to buy shares worth Rs 1

Business Business : Last Friday the Indian stock market gained momentum and signs of recession faded. Many penny stocks also recorded strong gains during this period. One of them is Penny Stocks – Murray Organizers Limited. Investors piled on the stock during trading.

The share price of Murray Organizers Limited rose 19.48% to Rs 1.84 on the BSE on Friday, the last trading day of the week. The stock's 52-week high was Rs 3.10.

As far as the shareholding structure of Murray Organizers Limited is concerned, the common shareholders own the entire shares, i.e. 100%. Of these, IFL Enterprises Limited holds 9.78% or 6,818,1818 shares. Additionally, Satvat Agro LLP holds 4.89% shares, i.e. H. 3,40,90,909 shares. Mitlesh Consultancy LLP, Someshwar Tradelink Pvt Ltd, Moneystar Tradelink Pvt Ltd, Moneystar Tradelink Pvt Ltd, Katyayani Tradelink Pvt Ltd and Eklingji Tradelink Pvt Ltd are the major shareholders.

Malaysia Organizers Limited's profit increased by 60% in a month due to BSE. Whereas, the weekly return was 31.43%. Year to date, the stock has given a return of 46.03%. The stake has increased by 82.18% within a year.

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