Penny Stocks: Stocks likely to be in focus tomorrow!

Penny Stocks: Stocks likely to be in focus tomorrow!

Vaishnavi Chauhan

The following penny stocks are likely to be in focus on Thursday, March 22, 2024.

On Thursday, the trading day ended positively, with Sensex registering a substantial gain of 0.75 per cent, closing at 72,641.19 level, and Nifty also climbed by 0.79 per cent to close at 22,011.95 level.

The broader market mirrored this upward trend, with Nifty Mid-Cap soaring by 2.14 per cent and Nifty Small-Cap surging by 2.57 per cent.

Market volatility, as measured by India VIX, saw a notable decline of 7.13 per cent, indicating reduced market volatility.

Key gainers included Nifty Realty, Nifty Metal, Nifty PSU Bank, and Nifty Energy, while no major sectors showed underperformance.

Overall market sentiment remained positive, with 1,893 stocks advancing compared to 389 stocks declining.

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The following Penny Stocks are likely to be in focus on Thursday, March 22, 2024:

Aakash Exploration Services - Heavy buying was witnessed in the counter as the scrip zoomed and got locked at 5 per cent upper circuit, recording an intraday high of Rs 9.45 per share on NSE. Incorporated in 2007, Aakash Exploration Services Limited provides services to Oil and Gas Field

Aarey Drugs & Pharmaceuticals - The scrip experienced significant buying activity, resulting in the stock surging and getting locked at 5 per cent upper circuit, reaching an intraday high of Rs 45.65 per share on NSE. Incorporated in 1990, Aarey Drugs & Pharmaceuticals Ltd is a manufacturer of API / Bulk Drugs and offers products for diverse industrial applications.

Adroit Infotech - A solid price volume breakout was seen at the counter today as the stock rallied and got locked at 5 per cent upper circuit to record an intraday high of Rs 16.35 per share on NSE. Incorporated in 1990, Adroit Infotech Ltd is primarily engaged in the business of SAP Support Services. Company helps organizations to reduce costs and improve effectiveness and efficiency through internal process improvements using SAP products and solutions.

 

Here is the list of volume breakout penny stocks that witnessed heavy buying in today’s session (in NSE):  

 

Penny Stock  

LTP (Rs)

Gain (per cent)

PVP Ventures 

38.95

4.96

Yaari Digital Integrated Services 

7.85

4.94

Accuracy Shipping

10.25

4.59

Rollatainers

1.55

3.33

 

 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet, and is subject to changes. Please consult an expert before making related decisions.

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