Penny stock under Rs 2 hits lower circuit: Company signs MoU with Rs 500 lakh with Waterwalk Automation Pvt Ltd & promoters to increase stake up to 13 per cent – Dalal Street Investment Journal

A penny stock priced under Rs 2 has hit a lower circuit after the company signed a Memorandum of Understanding (MoU) worth Rs 500 lakh with Waterwalk Automation Pvt Ltd and promoters. This move aims to increase the stake in the company up to 13 per cent. This development was reported by Dalal Street Investment Journal.