Shree Rama Newsprint Redeems First Installment of Zero-Coupon Debentures Worth Rs. 14.125 Crore Aug 04, 2025
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25Feb 25
Shree Rama Newsprint: Penny Stock Soars 125% in a Month Despite Widening Losses
Shree Rama Newsprint, a penny stock trading under ₹50, has seen a 125% surge in the past month, reaching a 52-week high of ₹36.40. However, the company's Q3 FY25 financial results show a widened net loss of ₹80.65 crore, compared to ₹10.09 crore in Q3 FY24. Revenue also declined by 6.22% year-over-year to ₹12.43 crore. The stock's rally paused on Tuesday with a 5% lower circuit at ₹34.57 on the BSE.