{"id":86739,"date":"2023-01-31T18:32:00","date_gmt":"2023-01-31T13:02:00","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=86739"},"modified":"2023-01-31T18:27:54","modified_gmt":"2023-01-31T12:57:54","slug":"multibagger-penny-stock-hits-the-upper-circuit-gains-47-in-7-sessions","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/multibagger-penny-stock-hits-the-upper-circuit-gains-47-in-7-sessions\/","title":{"rendered":"Multibagger penny stock hits the upper circuit; Gains 47% in 7 sessions\u00a0"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3350385127\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The shares of Deep Diamond India Ltd were locked in an upper circuit on Tuesday as it gained 4.93% from the previous close of \u20b9 20.30 to settle at \u20b9 21.30 apiece.&nbsp;<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-726548068\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><p><strong><a href=\"https:\/\/portal.tradebrains.in\/stock\/539559\/standalone\" target=\"_blank\" rel=\"noreferrer noopener\">Deep Diamond India<\/a><\/strong> is engaged in the business of gold and diamond studded jewellery and operates in the consumer discretionary industry.&nbsp;<\/p><p>Its shares have been on a gaining streak. They were trading at \u20b9 14.54 levels on January 18 and closed at \u20b9 21.30 apiece, registering a gain of 46.49% in the past seven trading sessions. This happened after the company announced that it would invest in the EV &amp; Green Energy sector like Solar, Wind, and so on.&nbsp;<\/p><p>\u201cTo invest the surplus monies of the company not immediately required for the business to purchase or subscribe for shares and securities of any other company which inter alia includes new age businesses such as Electric Vehicle Business, Green Energy such as Solar, Wind, Biomass, waste management etc. and such other various business segment or sector as deemed fit as long as the same is not prohibited by any law in force in the Country which the Company may think necessary for the purpose of its business.&#8221; it said in an exchange filing.&nbsp;<\/p><div class=\"trade-content_5\" id=\"trade-2952298073\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>The company recently split its shares in the ratio of 10:1. Its adjusted share price was \u20b9 1.45 apiece a year ago and is currently at \u20b9 21.30 apiece, indicating that it gave multibagger returns of 1368.96% in the past year. If an investor would have invested \u20b9 1 lakh in the shares of the company a year ago, the value of their holdings would have been \u20b9 14.68 lakhs today! Similarly, the company\u2019s shares gave multibagger returns of 287.27% in the past six months.&nbsp;<\/p><p>Deep Diamond India is a micro cap stock with a market capitalization of \u20b9 85 crores. Retail investors hold 99.92% of its shares, while its promoters hold merely 0.08% of the company.&nbsp;<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Simran Bafna&nbsp;<\/strong><\/p><\/blockquote><h4 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h4><div class=\"wp-block-image\"><figure class=\"aligncenter size-full is-resized\"><img decoding=\"async\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer.png\" alt=\"\" class=\"wp-image-26306\" width=\"256\" height=\"256\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.<\/strong><\/p><div class=\"trade-after-content\" id=\"trade-1990907285\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The shares of Deep Diamond India Ltd were locked in an upper circuit on Tuesday as it gained 4.93% from the previous close of \u20b9 20.30 to settle at \u20b9 21.30 apiece.&nbsp; Deep Diamond India is engaged in the business of gold and diamond studded jewellery and operates in the consumer discretionary industry.&nbsp; Its shares [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":45293,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[5768,5769,5449,5766,3418,3555,4048,2660,3872,2844,3913,5767,3912,2843,948,936,3153,3157,5397,2597],"class_list":["post-86739","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-deep-diamond","tag-deep-diamond-stock-price","tag-jewellery-and-diamond-stock","tag-jewellery-stock-to-buy","tag-multibagger-companies","tag-multibagger-penny-stocks","tag-multibagger-smallcaps","tag-multibagger-stock","tag-multibagger-stock-india","tag-multibagger-stock-list","tag-multibagger-stock-to-buy","tag-multibagger-stock-to-buy-now","tag-multibagger-stock-to-watch","tag-multibagger-stocks-india","tag-stock-market","tag-stock-market-news","tag-stock-to-buy","tag-stock-to-watch","tag-stocks-to-buy-in-2023","tag-stocks-to-watch"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Multibagger penny stock hits the upper circuit; Gains 47% in 7 sessions\u00a0 - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"Its shares have been on a gaining streak. They were trading at \u20b9 14.54 levels on January 18 and closed at \u20b9 21.30 apiece, registering a gain of 46.49% in the past seven trading sessions. This happened after the company announced that it would invest in the EV &amp; Green Energy sector like Solar, Wind, and so on.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/multibagger-penny-stock-hits-the-upper-circuit-gains-47-in-7-sessions\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Multibagger penny stock hits the upper circuit; Gains 47% in 7 sessions\u00a0\" \/>\n<meta property=\"og:description\" content=\"Its shares have been on a gaining streak. They were trading at \u20b9 14.54 levels on January 18 and closed at \u20b9 21.30 apiece, registering a gain of 46.49% in the past seven trading sessions. 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