Penny Stocks: Stocks likely to be in focus tomorrow!

Penny Stocks: Stocks likely to be in focus tomorrow!

Mandar Wagh

The following penny stocks are likely to be in focus on Monday, February 19, 2024

The domestic indices concluded Friday's trading session on a cheerful note, buoyed by significant gains in auto, real estate, capital goods, and information technology sectors. The BSE Sensex surged 0.52 per cent to 72,426 level at the close. The Nifty 50 index climbed 0.59 per cent to a level of 22,040.

The following Penny Stocks are likely to be in focus on Monday, February 19, 2024:

Pressure Sensitive Systems (India) Ltd: Shares continued to experience a robust surge, back-to-back hitting the upper circuit limit of 10 per cent and closing at Rs 9.52 per share on the BSE. The company specializes in manufacturing various types of tapes including salt adhesive tapes, nylon cloth tapes, rayon cloth tapes, single-sided cotton cloth tapes, double-sided cotton cloth tapes, and fiberglass cloth tapes.

Vallabh Steels Ltd: The shares concluded the trading session with a gain of over 9 per cent, reaching an intraday high of Rs 7.98 per share on the BSE. The company specializes in manufacturing steel products such as cold rolled steel strips & coil, galvanized & black ERW pipes, galvanized plain sheets, and automotive rims.

Vision Cinemas Ltd: Shares experiencing heightened buying interest were locked at the 10 per cent upper circuit, closing at Rs 1.39 per share on the BSE. The company operates in the movie exhibition and distribution sector and is recognized as one of the oldest exhibition and movie processing laboratory companies in Southern India.

Top trending stocks of the day: Natco Pharma, The New India Assurance Company, Rain Industries, Data Patterns (India), Mastek Ltd, Wipro Ltd, Jindal Stainless, the Federal Bank Ltd.

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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