We have invested earlier, but now at this stage what I think is that these are companies where a long-term, large growth potential probably is not there, that is the reason and they are reasonably priced also, so that is the reason why I am not buying into them as of now.
In the week ending February 21, the benchmark Sensex index saw a decline of about 1%. Amid this downturn, 6 penny stocks experienced significant drops
Accounting risks have evolved with governance reforms and excess liquidity. Investors should watch for earnings manipulation, low cash conversion, and high related-party transactions in IPOs.
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