Penny Stock: Today we are telling you about a penny stock whose price is increasing every day. This share belongs to Monotype India Ltd. The shares of the company have hit upper circuit of 5% even today on Tuesday. Earlier on Monday also upper circuit was installed in it. The stock has risen 10% in the last five trading days and 50% in the last six months. However, in the long run it has also caused huge losses.
The price has fallen by 97%
Let us tell you that in the year 2016, the price of this share was more than Rs 36 and now as per the current price, this share has fallen by 97% till now. However, this stock has given multibagger returns in the last one year. It has given returns of up to 170% in a year. During this period its price has increased from 32 paise to 86 paise. This stock has given returns of 15% so far in YTD this year and up to 355% in five years. The market cap of the company is Rs 60.47 crore. The 52 week high price of the company’s shares is Rs 1.06 and the 52 week low price is 19 paise. In March 2015, the company’s shares underwent an ex-trade stock split of equity shares from a face value of Rs 10 to a face value of Re 1. Shares of the company are trading above 50 DMA and 200 DMA till May 27, 2024.
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company business
Monotype India Limited is a financial and investment company established in 1974. It provides a variety of services, including financing (except insurance and pension funding), investing in stocks, bonds and other securities, financing industrial or other businesses, as well as acting as a financial advisor to companies and other organizations. Including working.
