Foreign institutional investors (FIIs) have recently purchased a significant amount of shares in a penny stock priced at under Rs 60. This stock is currently flying under the radar, making it an intriguing option for investors looking for potential growth opportunities.
The company’s board has announced plans to raise funds totaling up to Rs 300 crore. This move is expected to provide a significant boost to the company’s financial standing and could potentially drive up the stock price in the near future.
With FIIs showing interest in this penny stock and the company’s plans to raise substantial funds, it may be wise for investors to keep a close eye on this stock. The potential for growth and increased investor interest make this stock one to watch in the coming days.