Kacholia’s 1.97% stake purchase in Venus Pipes comes on the back of a strong rally in the stock with multibagger returns of more than 240% in the last 12 months, which are almost 20 times higher than the returns given by S&P BSE Sensex during this period. In this year alone, the stock price has shot up 73%.
GV Films and 7 other penny stocks slip 15-20% in a week
In the week ending March 13, the benchmark Sensex index fell by approximately 0.7%. During this decline, 7 penny stocks experienced drops ranging from 15%