5 Penny stocks rallied and hit 52-week highs today – Keep them on your radar for Monday!
Top 5 trending penny stocks under Rs 50 rallied and hit the upper circuit today. Read the article to know the complete details.
If you are searching for trendy penny or low-priced stocks that rallied today, then you're in the right place. Here are the top 5 Penny Stocks listed on the BSE that rallied and hit their 52-week high today. Keep them on your radar for tomorrow. Let’s explore one by one each.
- Sree Jayalakshmi Autospin is a micro-cap company in the textile industry. The company, incorporated in 1991, specializes in the manufacture of cotton yarn, cotton lint, cotton seeds, and other related products. Today the stock achieved a new 52-week high of Rs 7.14, closing today at the same price, marking a change of 5 per cent.
- Flora Textiles operates within the textile sector as a micro-cap company. Established in 1993, it primarily manufactures and exports woven grey fabrics. Currently, Flora Textiles Ltd. is also involved in renting out its immovable properties. The stock hit a new 52-week high of Rs 14.33 today, closing at Rs 14.33 representing a gain of 4.98 per cent.
- Healthy Life Agritec is a micro-cap company engaged in trading activities. Since its incorporation in 2019, it has been trading raw milk, chicken, and agro products in Maharashtra and Karnataka. The stock reached a new 52-week high of Rs 18.14 and closed at that same price today, reflecting a change of 4.98 per cent.
- Indus Finance belongs to the non-banking financial company (NBFC) sector and is classified as a micro-cap company. Founded in 1992, Indus Finance Corporation Ltd. provides corporate financing, leasing, hire purchase, and corporate advisory services. Today, it reached a new 52-week high of Rs 28.75, closing at the same price with an increase of 4.97 per cent.
- Jet Infraventure is involved in the construction and real estate industry as a micro-cap company. Established in 2001, it focuses on real estate development and construction. The stock hit a new 52-week high of Rs 21.36 today, closing at that price, indicating a change of 4.96 per cent.
Investors must keep these penny stocks on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.
DSIJ's ‘Penny Pick’ service provides research-backed penny stock recommendations below Rs. 100. If this interests you, do download the service details here.