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 Wednesday, April 03, 2024.

On Tuesday, the benchmark indices concluded the trading day with a slight decline, with the Sensex marginally decreasing by 0.15 per cent to close at 73,903.91 and the Nifty experiencing a slight drop of 0.04 per cent to close at 22,453.30.

However, the broader market saw significant gains, with the Nifty Mid-Cap closing substantially higher by 1.16 per cent and the Nifty Small-Cap soaring by 1.22 per cent.

Market volatility, as measured by India VIX, decreased by 3.56 per cent, indicating a decrease in market volatility.

Leading gainers included Nifty Media, Nifty Metal, Nifty Auto, and Nifty Realty, while Nifty IT, Nifty Financial Services, and Nifty Pharma underperformed.

Overall market sentiment remained positive, with 1,619 stocks advancing compared to 497 stocks declining.

DSIJ's ‘Penny Pick’ service provides research-backed penny stock recommendations below Rs. 100. If this interests you, do download the service details here.

The following Penny Stocks are likely to be in focus on Wednesday, April 03, 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 43.60 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 29.60 per share on NSE. Incorporated in 1965, 3P Land Holdings Ltd is engaged in the business of lending, investment activity and real estate leasing.

Akash Infra-Projects - 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 34.45 per share on NSE. Incorporated in 1999, Akash Infra-Projects Ltd is in the business of civil construction and trading in Lubricants.

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

0.45

12.45

Setubandhan Infrastructure 

0.70

7.69

Super Spinning Mills

7.35

5.00

Neueon Towers

4.30

4.88

 

 

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

Previous Article 1:2 bonus shares & multibagger penny stock below Rs 25: This micro-cap company bags new order worth Rs 70,00,000 from India Tourism Development Ltd
Next Article Top two oldest mutual funds with 25 per cent CAGR returns in 10 years
Rate this article:
3.9

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR