SHAH / NSE / Constr. - Supplies & Fixtures
Shah Metacorp
1Y Price Trend
Key Information
Recommendations
Target High5.81
Target Low2.75
Target Mean0
Target Median0
Risk Metrics
Overall RiskBalanced risk
Board Risk39.55
Key Analysis
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Penny stock under ₹ 10: Shah Metacorp share price has gained over 7% in three months and has risen 4% on a YTD basis. The penny stock has rallied over 32% in six months and has surged 67% in one year. The smallcap stock has jumped 74% in three years.
Shah Metacorp share price rose over 6% after announcing a rights issue to raise ₹ 49.80 crore for expansion. The issue opens on 11 June, offering shares at ₹ 4.86 each to enhance shareholder stakes. The company also plans to acquire a 26% interest in renewable energy.
Shah Metacorp, a penny stock priced below ₹ 5, rose 20% during intraday trade on the BSE on June 12, opening at ₹ 3.15 and reaching ₹ 3.76.
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