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, April 11, 2024.

On Wednesday, both Sensex and Nifty closed higher, with Sensex rising by 0.47 per cent to 75,038.15 and Nifty by 0.49 per cent to 22,753.80.

Furthermore, Nifty Mid-Cap surged by 0.97 per cent, and Nifty Small-Cap gained by 0.73 per cent.

Zooming out to the market volatility, India VIX declined by 2.18 per cent.

Nifty Media, PSU Bank, FMCG, and Metal sectors performed well, while Pharma and Auto sectors lagged. Overall, positive sentiment prevailed with more advancing stocks than declining ones.

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The following Penny Stocks are likely to be in focus on Thursday, April 11, 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 11.05 per share on NSE. Incorporated in 2007, Aakash Exploration Services Limited provides services to Oil and Gas Field.

Twentyfirst Century Management - The scrip experienced significant buying activity, resulting in the stock surging and getting locked at 2 per cent upper circuit, reaching an intraday high of Rs 48.50 per share on NSE. Incorporated in 1986, Twentyfirst Century Management Services Ltd engaged in investments in Capital Market and Futures & Options segment.

ARSS Infrastructure 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 22.80 per share on NSE. Incorporated in 2000, ARSS Infrastructure Projects Ltd is in the business of project execution for various civil and infrastructure projects.

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)

Sanco Industries

5.75

4.55

SAB Events & Governance Now Media

7.25

4.32

Kridhan Infra

5.10

4.80

Rollatainers

1.80

2.86

 

 

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

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