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Puravankara share price surged 10% to ₹324.30 per share, resulting in a 33.68% gain for the week, the largest weekly increase since November 2017. Yes Securities in its latest report has initiated coverage on the stock with a 'buy' rating and set a target price of ₹452 apiece.
Once a penny stock Eyantra Ventures has given multifold returns to its investors in the last 3 years. The stock has skyrocketed over 29,287 percent in this period, from ₹3.28 in March 2021 to currently trade at ₹963.90. Meanwhile, it rose over 216 percent in the last 1 year.
Kaynes Technology India, a key player in IoT solutions and electronics manufacturing, saw a 162% surge in shares in the past year. The stock debuted at ₹690 in Nov 2022 and now trades at ₹2,546. The company is well-positioned in the growing ESDM sector.
Shares of pipe manufacturing firm Kisan Mouldings, which was a penny stock till last year, have given robust multibagger returns to their investors in the last 1 year. This penny stock has skyrocketed over 1,011 percent in this period, from ₹6.38 in March 2023 to currently trade at ₹70.90.
Signature Global achieved record pre-sales and collections in Q4 and FY24, surpassing guidance. Sales realization increased to ₹11,762 per sq. ft in FY24 compared to ₹7,886 per sq. ft in FY23. In terms of volume, the company sold 2.98 million square feet as opposed to 1.41 million square feet.