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Penny stock under ₹5 declares Capex expansion after closure of rights issue worth ₹149.22 crore

Penny stock under ₹5 declares Capex expansion after closure of rights issue worth ₹149.22 crore

On Friday, Davangere Sugar Company shares were up 6.73 per cent to close at ₹3.49 apiece. The penny stock has remained volatile in near-term as it gained over 9.40 per cent in a month, however, has descended 26 per cent in six months.

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