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 35 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, a micro-cap company in the FMCG sector, hit its 52-week high and closed at Rs 24.31 today with a change of 19.99 per cent. Established in 1981, the company specializes in manufacturing various food products, including bakery items, desserts, confectionery, meals, and ready-to-eat food.

Ashima Limited, a Small-Cap company in the textile sector, achieved its 52-week high and closed at Rs 33.36 today with a change of 16.44 per cent. Engaged in the manufacture of 100 per cent cotton Yarn yarn-dyed shirting fabrics, Denim fabrics, readymade garments, and processing of textile fabrics, Ashima Limited stands as a prominent player in the industry. The company’s shares have delivered an impressive multibagger return of over 140 per cent in just 1 year only.

Also read Power of Dividend Income: How Rs 1,000 becomes Rs 8 CRORE and generates a multibagger return of 81,17,355 per cent!

Konndor Industries, operating in the trading sector, hit its 52-week high and closed at Rs 12.45, experiencing a change of 10.27 per cent. Established in 1983, Konndor Industries Ltd. specializes in the trading and marketing of paper, contributing significantly to the paper trading domain.

Intec Capital, an NBFC company, reached its 52-week high and closed at Rs 32.52 with a change of 9.98 per cent. Founded in 1994, Intec Capital Ltd. primarily provides loans to Small and Medium Enterprises, playing a crucial role in facilitating financial assistance to businesses.

Baroda Extrusion, functioning in the metal sector, achieved its 52-week high and closed at Rs 7.04, showing a change of 7.32 per cent. Incorporated in 1993, Baroda Extrusion Limited specializes in manufacturing copper finished goods, extrusion products, and trading in ferrous and non-ferrous metals, contributing significantly to the metal industry landscape.

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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