Penny-stock Pro Fin Capital gains focus as ₹22 crore LOI surfaces ahead of Monday trade

Pro Fin Capital came into spotlight after the firm announced a ₹22 crore LOI for a 25 % stake; shares trade near ₹9.21.

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Penny-stock Pro Fin Capital gains focus as ₹22 crore LOI surfaces ahead of Monday trade

Penny-stock Pro Fin Capital gains focus as ₹22 crore LOI surfaces ahead of Monday trade
Shares of Pro Fin Capital Services Ltd., currently trading under ₹10, caught investors’ attention after the company announced receipt of a letter of intent (LOI) from Hong-Kong based Excellence Creative for acquiring a 25 percent stake at ₹22 crore. The stock closed at ₹9.21, reflecting the heightened speculative interest. Broking firms flagged the move as a possible trigger for renewed liquidity in low-float names. 
Analysts cautioned that such small-cap situations often bring high reward but elevated risk, recommending tight risk-management for wary investors.