This stock has become cheaper than 1 rupee! Additional circle appears to be 3 days; The firm in Singapore will buy 12%

The big news of today about the stock market contains the news of Penny Stock. On Friday, August 1, 2025, IFL Enterprises shares placed a 5% circuit of 5% on BSE and the share was closed at £ 0.99 per share. This is the third consecutive session when the company’s shares have an upper circle. The boom comes from the approval of the Singapore Board -based company Unicube Global. The investment company board will receive the premium during the meeting held on Friday, the green signal gave the proposal of Unicube Global Managed Services Private Limited (Singapore). Unicube Company buys 12% stake at a price of £ 2 per share, which is about 100% premium of the current share price. The way of investing will be decided, IFL Enterprises said in a regulatory filing on Friday that the council had considered methods such as preferred award, qualified institutional placement (QIP) or right issue to implement this investment. This process will fully follow Sebi’s rules, Fema and other laws. The company will now appoint a legal adviser and counselor for this. According to the company’s signs of long -term development, this strategic investment will increase its growth capacity, increase the participation of institutional investors and create a long -term price for all stakeholders. Earlier, Unicube expressed its desire to buy a 12% stake at a rate of £ 2 per share. Foreign investors also recently (until July 11, 2025) have four foreign portfolio investors (FPI) – Minerva Venture Fund, Natilus Private Capital, Al Maha Investment Fund and Nova Global Gestection Fund also won 4.02% in the company. All of them bought a 16.08% stake in IFL. Although IFL shares have fallen by 12% over the past one month, it has risen by 48% within three months. In six months, it increased by 16% and 5% in YTD. This small share fell by 88% in two years, but within five years it recorded a historic increase of 421%. Even until 12:20 a.m., the stock was stuck in a 5% upper circle at £ 0.99. Share this story -tags