These two penny stocks announced rights issue
Fri, Nov 4, 2022 6:20 PM

These two penny stocks announced rights issue

A Flip by Shruti
Get it on Google Play
Family Care Hospitals and Inditrade Capital Ltd. has announced a rights issue. Family Care Hospitals is raising Rs 42.50 crore through a rights issue. On the other hand, Inditrade Capital Ltd. Has brought a rights issue of Rs 40.42 crore. Shareholders will get entitlement of rights based on the number of shares held by them as on the record date.

 

More great flips

Beat the S&P 500 With This Cash-Gushing Dividend Stock

Beat the S&P 500 With This Cash-Gushing Dividend Stock

Energy companies aren't always the flashiest, but they can be great investments if you buy the right one at a solid price. NextEra Energy (NYSE: NEE) has been very lucrative for a long time. The stock has generated over 15,000% in total returns over its lifetime. Notably, a tremendous wild card in U.S. infrastructure could impact the nation's electricity demands, creating ripe conditions.

Open Flip
This Magnificent 5%-Yielding Dividend Stock May Deliver Supercharged Growth

This Magnificent 5%-Yielding Dividend Stock May Deliver Supercharged Growth

Brookfield Renewable (NYSE: BEPC)(NYSE: BEP) has done a magnificent job over the years delivering a growing dividend to its investors. The leading renewable energy producer has increased its payout at a 6% compound annual rate since its inception in 1999. That steady growth has helped push its dividend yield up to 5%.

Open Flip
Enphase Believes the Worst of the Solar Market Downturn Is Over

Enphase Believes the Worst of the Solar Market Downturn Is Over

Enphase Energy's (NASDAQ: ENPH) slowdown took a noticeable turn for the worse in the first quarter of 2024 as sales fell below $300 million for the first time in over three years, and Enphase reported a net loss. However, management is seeing signs of a recovery and reiterated the optimism it shared on prior earnings calls about the second half of this year.

Open Flip

Join our Smart Investment Community

More than 1 Million users are using FlipItMoney to stay updated about the business and finance world! Join FlipItMoney now and take smart investment decisions!
Icon