Penny stock below Re 1: Mauritius-based FII buys stake in THIS stock via bulk deal; Do you own?
Penny stock below Re 1: A Mauritius-based foreign institutional investor, Al Maha Investment Fund PCC, bought a stake in penny stock Sharanam Infraproject and Trading Ltd. via a bulk deal on Tuesday, February 25. According to BSE bulk deal data, Sharanam Infraproject and Trading Ltd witnessed a major institutional inflow, with Al Maha Investment Fund PCC- ONYX Strategy acquiring nearly 9,000,000 shares at Re 0.86/share through the bulk deal. Penny stock below Re 1: Sharanam Infraproject and Trading Q3 Results In the December 2024 quarter, the company reported a 518 per cent sequential increase in net profit, with total revenue surging by 3,563 per cent quarter-on-quarter. Shares of Sharanam Infraproject and Trading opened at ₹0.86 on Tuesday and hit an intraday high of ₹0.87 before settling 1.18 per cent higher at ₹0.86 apiece on the BSE.
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