Promoter Sells 15,000 Shares: Penny Stock under Rs 20 Hits Lower Circuit for 3rd Day in a Row; Board Expected to Announce Stock Split Soon!
In a recent development, the promoter of a penny stock sold 15,000 shares, causing the stock to hit the lower circuit for the third consecutive day. The stock is currently trading under Rs 20.
Given the recent trend, the board is likely to announce a stock split in the near future. This move could potentially attract more investors and increase liquidity in the stock.
Stay tuned for more updates on this developing story from Dalal Street Investment Journal.