Penny Stocks | Investors desperate to buy shares worth 92 paise, upper circuit hit for 2 consecutive days, beneficial update – Penny Stocks 2025
Penny Stocks | Shares of NBFC Standard Capital Markets Limited Company rose sharply on Friday, January 17, 2025. Shares of Standard Capital Markets hit the upper circuit for two consecutive days on Thursday and Friday. On Friday, January 17, 2025, shares of Standard Capital Markets were trading at Rs 0.92, up 4.55 per cent.
Big announcement of the company
The board of directors of Standard Capital Markets Company has officially approved the allotment of 4,500 NCDs with a face value of Rs 100,000, Standard Capital Markets Ltd said in a stock exchange filing on Friday, January 17, 2025. Companies issue NCDs to raise funds. This is a secured loan option for companies listed in the stock market.
Standard Capital Markets Company Stock Price Range
The valuable closing price of Standard Capital Markets Company's shares was 0.88 paise. On Friday 17 January 2025, shares of Standard Capital Markets Company were trading in a range of 0.90 to 0.92 paise during the day. In the last one year, the trading range of Standard Capital Markets Company's shares has been between Rs 0.81 paise and Rs 3.52.
How much return did penny stocks give?
The penny stock has given 4.55% return in the last five days. Standard Capital Markets Company's stock has fallen 35.21% in the last six months. However, in the long term, Standard Capital Markets Limited Company shares gave a return of 2,966.67%. However Standard Capital Markets share has declined 6.12% on a YTD basis.
Promoters' stake in the company
The promoters' stake in Standard Capital Markets Limited Company is 14.86 percent. Company promoter Ram Gopal Jindal holds a total of 14,82,64,860 shares or 8.57 percent stake. Gaurav Jindal holds a total of 6,36,10,980 shares i.e. 3.68 percent stake.
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