Penny stocks: Stocks likely to be in focus on Monday!

Penny stocks: Stocks likely to be in focus on Monday!

Armaan Madhani
/ Categories: Trending, Penny Stocks

Top losers of the index include UPL, Tata Consumer Products, Tech Mahindra and UltraTech Cement

On Friday, Indian equity markets were dominated by bears. Nifty 50 closed the last trading session of the weak at 17,530.8 with heavy losses of 1.94 per cent. Top Losers of the index include UPL, Tata Consumer Products, Tech Mahindra and UltraTech Cement.  

The following penny stocks are likely to be in focus on Monday, September 19, 2022:    

Diligent Media Corporation – Only buyers were seen in the scrip today. The stock got locked at a 5 per cent upper circuit, recording a fresh 52-week high of Rs 4.20 per share on NSE. The company’s shares have hit back-to-back upper circuits over the last four trading sessions. It is engaged in the printing & publication of newspapers, magazines, books, inserts, and annual reports. It also publishes online newspapers. 

DCM Financial Services – The shares of the company got locked at a 5 per cent upper circuit, recording a fresh 52-week high of Rs 9.30 per share on NSE. The counter has witnessed back-to-back upper circuits for several sessions over the last two weeks. The company offers services such as equipment leasing, hire-purchase, inter-corporate deposits, bill discounting, etc.  

Following is the list of volume breakout Penny Stocks that witnessed heavy buying in today’s session:  

Penny Stocks 

LTP

Gain (%)

Volume Change (Times)

Ridings Consulting Engineers India

5.12

19.91

3

Stellar Capital Services

4.54

7.58

1.8

Sri Adhikari Brothers

2.1

5

4.64

Sanwaria Consumer

1.05

5

2.33

Kay Power and Paper

8.41

4.99

2.32

Eureka Industries 

6.32

4.98

577.88

Keep a close eye on these counters for the upcoming sessions! 

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