Promoters Bought 21,97,375 Shares: Penny Stock At Rs 20.70 Locked In 10 Per Cent As Board Allocates 13,33,33,333 Shares To FIIs – Dalal Street Investment Journal

The promoters of a penny stock recently purchased 21,97,375 shares at a price of Rs 20.70 each. As a result, the stock has been locked in at a 10% increase. Additionally, the company’s board has decided to allocate a significant number of shares, totaling 13,33,33,333, to Foreign Institutional Investors (FIIs). This news was reported by the Dalal Street Investment Journal.