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 Monday, April 01, 2024.

On Monday, the benchmark indices ended the trading day positively, with the Sensex gaining by 0.49 per cent to close at 74,014.55 and the Nifty surging by 0.61 per cent to close at 22,426.

The broader market also saw substantial gains, with the Nifty Mid-Cap rising by 1.74 per cent and the Nifty Small-Cap soaring by 3.26 per cent.

Market volatility, as measured by India VIX, decreased by 5.84 per cent, indicating a decline in market volatility.

Leading gainers included Nifty Media, Nifty Realty, Nifty Metal, and Nifty PSU Bank, while Nifty Auto and Nifty FMCG underperformed.

Positive sentiment prevailed in the broader market, with 1,888 stocks advancing compared to 233 stocks declining.

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The following Penny Stocks are likely to be in focus on Monday, April 01, 2024:

Twentyfirst Century Management Service - Heavy buying was witnessed in the counter as the scrip zoomed and got locked at 2 per cent upper circuit, recording an intraday high of Rs 42.40 per share on NSE. Incorporated in 1986, Twentyfirst Century Management Services Ltd engaged in investments in Capital Market and Futures
& Options segment.

3P Land Holdings - 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 28.35 per share on NSE. Incorporated in 1965, 3P Land Holdings Ltd is engaged in the business of lending, investment activity and real estate leasing.

Aakash Exploration Services - A solid price volume breakout was seen at the counter today as the stock rallied and got locked at 10 per cent upper circuit to record an intraday high of Rs 10.05 per share on NSE. Incorporated in 2007, Aakash Exploration Services Limited provides services to Oil and Gas Field

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)

Sanwaria Consumer

0.40

14.29

Setubandhan Infrastructure 

0.65

8.33

Godha Cabcon & Insulation

0.70

7.69

Ansal Properties and Infrastructure 

9.55

4.95

 

Disclaimer: The article is for informational purposes only and not investment advice.

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