Penny Stocks | Stock worth Rs 10 will make you rich, gave 116% return in 6 months, do not miss the opportunity – BSE: 540259
Penny Stocks | A big rise was seen in the stock market on Friday 23 November. the signs are (BSE: 540259) That this rise in the stock market may continue for the next few days. Shangar Decor Limited stock has come into focus in this rally. (Shangar Decor Company excerpt)
On Friday, November 22, it was trading at Rs 10.32, down 2.69 percent. The total market capitalization of Shangar Decor Limited Company is Rs 102 crore. On Monday (25 November 2024), the stock was trading at Rs 10.6, up 2.31%.
Company announces fund raising
Shangar Decor Limited, a microcap company, has announced to raise funds through rights issue. Shangar Decor Ltd provides various decorative services and its shares are trading below Rs 11. Shangar Decor Limited has announced that it will issue 8,56,82,800 fully paid-up equity shares of face value of Rs 5 each, valuing it at Rs 5.76 crore. The rights issue of Shangar Decor Limited Company will be opened for subscription on November 8 and will close on December 6. The funds raised through the rights issue of Shangar Decor Limited Company will be used for working capital requirements, issue expenses, general corporations etc.
Stock gave 1144% return
The stock has given 77.32% returns in the last month. The stock has given a return of 116.81% in the last six months. The stock has given 222.50% returns in the last one year. Shangrar Decor stock has given 83.30% returns in the last 5 years. Shangrar Decor stock has given 280.81% returns to short-term investors.
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