LIC-backed penny stock under Rs 30 jumps over 14 per cent; Company partners with Star Health Insurance & Board allots 20,00,00,000 warrants – Dalal Street Investment Journal

A penny stock backed by LIC, priced under Rs 30, saw a significant surge of over 14%. The company has recently partnered with Star Health Insurance, a major player in the insurance industry. Additionally, the company’s board has allotted a whopping 20,00,00,000 warrants. This development has caught the attention of investors and experts in the market. The collaboration with Star Health Insurance is expected to bring in new opportunities for growth and expansion for the company. Investors are closely watching the stock as it continues to show promising signs of potential growth in the future.