Multibagger penny stock under Rs 40 from textile sector; Jumps over 10 per cent today; Board is likely to announce rights issue or QIP after 2 days! – Dalal Street Investment Journal

A penny stock in the textile sector priced under Rs 40 has seen a significant increase of over 10 per cent today. Investors are hopeful as the company’s board is expected to announce either a rights issue or a Qualified Institutional Placement (QIP) in the next two days. This news has sparked interest among traders as they anticipate further growth in the stock’s value. Stay tuned for updates on this potentially lucrative investment opportunity.