Read on the application
Stock Market News: Premier Capital Services Ltd is one of those companies whose last few years have been very bad for investors. During the last 5 years the price of this stock is Rs. 279 had come down to the level of Rs.3. That means that in just a few years, this stock has ruined investors.
Also read: 5000 crore work, there is a rush for the stock after seeing strong performance
Poor quarterly results dented investor confidence
The past few years have not been good for Premier Capital Services Limited. On the one hand, there is a decline in share prices. On the other hand, the loss of the company is continuously increasing. During the April to June quarter, the total revenue of the company was Rs. was 0.16 lakh. While 0.19 lakh has been spent. This is the fifth consecutive quarter when the company has posted a loss.
The company’s share price rose on Friday
The stock closed at Rs 3.60 with a rise of 3.45 per cent in the stock market on Friday. The announcement of the AGM dates could be the main reason for the rise in the company’s shares. The Annual General Meeting of Premier Capital Services Limited is going to be held on 29 September 2023. However, apart from this no good news regarding the company is coming out. Which is the biggest concern for positional investors.