1:8 Bonus Shares & 5:1 Stock Split: Debt-Free Multibagger Penny Stock Under Rs 30 In Focus As Company Make Strategic Investment In Damask Jewellers Pvt Ltd – Dalal Street Investment Journal

1:8 Bonus Shares & 5:1 Stock Split: Debt-Free Multibagger Penny Stock Under Rs 30 In Focus As Company Makes Strategic Investment In Damask Jewellers Pvt Ltd

Dalal Street Investment Journal

A debt-free multibagger penny stock, trading at under Rs 30, is grabbing attention in the market as it announces a 1:8 bonus shares and 5:1 stock split. This move is seen as a strategic investment in Damask Jewellers Pvt Ltd, which has sparked interest among investors.

The company’s decision to issue bonus shares and split its stock indicates a positive outlook for the future. This move not only rewards existing shareholders but also attracts new investors looking for growth opportunities.

With the strategic investment in Damask Jewellers Pvt Ltd, the company is expanding its presence in the jewelry sector. This move is expected to boost the company’s revenue and profitability in the long run.

Overall, the debt-free status, bonus shares, and stock split make this penny stock an attractive option for investors looking for potential multibagger returns. Keep an eye on this stock as it continues to make strategic moves in the market.