5 Penny stocks rallied and hit 52-week highs today – Keep them on your radar for tomorrow!

5 Penny stocks rallied and hit 52-week highs today – Keep them on your radar for tomorrow!

Rakesh Deshmukh

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.

Galaxy Cloud Kitchens Ltd operates in the FMCG industry, manufacturing a variety of food products including bakery items, desserts, confectionery, meals, and ready-to-eat foods. Recently, its stock closed at Rs 26.74, marking a 10 per cent increase. Furthermore, it hit a 52-week high as well as the upper circuit today. The company’s shares have delivered an impressive multibagger return of over 100 per cent in just 1 year only.

Chandrima Mercantiles is a financial company specializing in online shares and stock trading. Their services include customer support, investment advisory, online receipts, and market analysis. Additionally, they offer a Shares Building Plan (SBP), Securities Borrowing and Lending (SBL), Employee Shares Option Service (ESOS), and Contract for Difference (CFD). The company is based in Kolkata, West Bengal. Their stock recently closed at Rs 13.86, up by 5 per cent. Moreover, it hit a 52-week high as well as the upper circuit today.

RattanIndia Power one of India's largest private power generation companies, boasts an installed capacity of 2,700 MW with thermal power plants located in Amravati and Nashik (1,350 MW each) in Maharashtra. The stock of RattanIndia Power hit a 52-week high as well as upper circuit today and closed at Rs 17.64, reflecting a 5 per cent surge.

Span Divergent, established in 1972, operates in the chemicals industry. The company invests in cashew processing, plant tissue culture, and the trading of consumables used in the pharma and biotech industries. The stock closed at Rs 24.16, up by 5 per cent Moreover, it hit a 52-week high as well as upper circuit today.

Bhudevi Infra Projects, founded in 1992, is engaged in the construction of premium residential ventures in Telangana. The company's stock recently closed at Rs 33, showing a 5 per cent increase. Also, it hit the upper circuit as well as the 52-week high price today.

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.

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