NBFC penny stock below Re 1 in focus after conversion of loan worth ₹94 crore into equity

Penny stock, Non-banking financial company (NBFC), Standard Capital Markets on Monday, 19 May 2025, announced that the board of directors has approved the allotment of equity shares to non-promoters as a conversion of outstanding loans, according to the exchange filing.  The company allocated 72,45,74,640 equity shares with the face value of Re 1 apiece for…

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Stock market today: Trade setup for Nifty 50 to global markets; Five stocks to buy or sell on Monday— 19 May 2025

Stock Market Today:  Bouncing out of consolidation zone, the benchmark Nifty-50  index for the week ending 16 May 2025, ended 4.2% higher week on week. The Bank Nifty at 55,354.90 also ended 3.3% higher, while Metals, Industrials and Realty were among top gainers though Pharma and Health care underperformed. In the broader markets mid and…

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