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Smallcap stock rallies 5% after FM mentions Lakshadweep in Budget speech
Shares of Praveg, a multibagger smallcap stock, rallied 5% after Finance Minister Nirmala Sitharaman announced comprehensive development of tourist centres. Praveg recently received a work order for the development of tents at Agatti Island in Lakshadweep, known for its diverse aquatic life and vibrant festivals. With this addition, Praveg now has 9 properties in operation and 12 under development. The stock has more than doubled in the last year.