1:1 Bonus Share & 5:1 Stock Split: Penny Stock Under Rs 50 Hit Lower Circuit As Company Launches its First Exclusive Retail Outlet KAMDHENU eNEXA SHOPEE in Gurugram – Dalal Street Investment Journal

The penny stock of a company trading at under Rs 50 faced a lower circuit as it announced the launch of its first exclusive retail outlet, KAMDHENU eNEXA SHOPEE, in Gurugram. This move came after the company issued a 1:1 bonus share and underwent a 5:1 stock split. The stock saw a sharp decline in its value as investors reacted to the news. This development showcases the company’s expansion into the retail sector and its efforts to reach a wider customer base. Investors will be closely monitoring the company’s performance in the coming days to gauge the impact of these strategic moves on its stock value.