Multibagger penny stock below Rs 5: GG Engineering Ltd
Mon, May 6, 2024 11:21 AM

Multibagger penny stock below Rs 5: GG Engineering Ltd

A Flip by Riya Sharma
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From Rs 0.87 to Rs 2.25 per share, the stock gave multibagger returns of 158.6 per cent from its 52-week low till today’s intraday high. The Board of Directors of GG Engineering Ltd approved the conversion of 135 million previously issued warrants into the same number of equity shares for non-promoter investors. These investors had already paid 25 per cent of the issue price (Rs 1.32 per share).

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