Penny Stocks: Stocks likely to be in focus tomorrow!
Penny Stocks: Stocks likely to be in focus tomorrow!

Penny Stocks: Stocks likely to be in focus tomorrow!

The following penny stocks are likely to be in focus on Friday, May 24, 2024.

Vaishnavi Chauhan Article rating: 4.1

In the broader market, 1,762 stocks advanced while 2,071 stocks declined, indicating a negative sentiment overall.

NSE listed companies’ market capitalization surpass USD 5 Trillion
NSE listed companies’ market capitalization surpass USD 5 Trillion

NSE listed companies’ market capitalization surpass USD 5 Trillion

The Nifty 500 index also touched an all-time high of 21,505.25 today indicating that growth in equity market is not restricted to only the large, capitalized stocks.

Vaishnavi Chauhan Article rating: 5.0

The achievement of this milestone is a testament of the vision outlined for the Amrit Kaal which includes a technology-driven and knowledge-based economy with strong public finances, and a robust financial sector.

Rs 38,389 crore order book & DIIs increase stake: High ROE & high ROCE multibagger shipbuilding & allied services stock hit a fresh 52-week high today with heavy volume!
Rs 38,389 crore order book & DIIs increase stake: High ROE & high ROCE multibagger shipbuilding & allied services stock hit a fresh 52-week high today with heavy volume!

Rs 38,389 crore order book & DIIs increase stake: High ROE & high ROCE multibagger shipbuilding & allied services stock hit a fresh 52-week high today with heavy volume!

The shares of the company have an ROE of 27 per cent and an ROCE of 39 per cent.

Kiran Shroff Article rating: 3.8

The stock gave multibagger returns of 300 per cent in just 1 year and a whopping 1,400 per cent in 3 years.

Rs 75,934 crore order book: Multibagger Navaratna DPSU stock hits 52-week high as company bags new order worth Rs 1,150 crore from Ministry of Defence
Rs 75,934 crore order book: Multibagger Navaratna DPSU stock hits 52-week high as company bags new order worth Rs 1,150 crore from Ministry of Defence

Rs 75,934 crore order book: Multibagger Navaratna DPSU stock hits 52-week high as company bags new order worth Rs 1,150 crore from Ministry of Defence

From Rs 0.25 (in the year 1999) to Rs 293.35 per share (today), the stock gave multibagger returns of over 1,00,000 per cent.

Kiran Shroff Article rating: 4.1

The shares of the company have an ROE of 27 per cent and an ROCE of 35 per cent.

Rs 85,000 crore order book & President of India’s portfolio sold 11,17,57,277 shares: Heavy buying in this multibagger railway infra stock; Spurt in volume by 5 times on BSE
Rs 85,000 crore order book & President of India’s portfolio sold 11,17,57,277 shares: Heavy buying in this multibagger railway infra stock; Spurt in volume by 5 times on BSE

Rs 85,000 crore order book & President of India’s portfolio sold 11,17,57,277 shares: Heavy buying in this multibagger railway infra stock; Spurt in volume by 5 times on BSE

The stock gave multibagger returns of 225 per cent in just 1 year and a whopping 1,200 per cent in 3 years.

Kiran Shroff Article rating: 4.1

In March 2024, the President of India’s portfolio sold 11,17,57,277 shares and decreased their stake to 72.84 per cent compared to 78.20 per cent in March 2023.

Rs 94,000 crore order book & FIIs increase stake: President of India backed-multibagger aerospace & defence stock; hit back-to-back 52-week highs!
Rs 94,000 crore order book & FIIs increase stake: President of India backed-multibagger aerospace & defence stock; hit back-to-back 52-week highs!

Rs 94,000 crore order book & FIIs increase stake: President of India backed-multibagger aerospace & defence stock; hit back-to-back 52-week highs!

The stock gave multibagger returns of 233 per cent in just 1 year and a whopping 870 per cent in 3 years.

Kiran Shroff Article rating: 4.0

The stock gave multibagger returns of 233 per cent in just 1 year and a whopping 870 per cent in 3 years.

Rs 21,500 crore order book and FIIs & DIIs increase stake: Heavy buying in this multibagger shipbuilding & repair stock; hits back-to-back 52-week highs!
Rs 21,500 crore order book and FIIs & DIIs increase stake: Heavy buying in this multibagger shipbuilding & repair stock; hits back-to-back 52-week highs!

Rs 21,500 crore order book and FIIs & DIIs increase stake: Heavy buying in this multibagger shipbuilding & repair stock; hits back-to-back 52-week highs!

The stock gave multibagger returns of 695 per cent in just 1 year whereas BSE Sensex Index is up by 22 per cent.

Kiran Shroff Article rating: 4.1

The company's shares saw a spurt in volume by more than 1.36 times on BSE.

Auto components stock under Rs 30 and Promoters & FIIs increase stake: Board allots 12,98,000 equity shares on conversion of warrants to non-promoter!
Auto components stock under Rs 30 and Promoters & FIIs increase stake: Board allots 12,98,000 equity shares on conversion of warrants to non-promoter!

Auto components stock under Rs 30 and Promoters & FIIs increase stake: Board allots 12,98,000 equity shares on conversion of warrants to non-promoter!

The stock is up by 74 per cent from its 52-week low of Rs 16.11 per share.

Kiran Shroff Article rating: 3.8

The promoters of the company increased their stake to 65.80 per cent and FIIs increased their stake to 4.12 per cent in March 2024 compared to 48.54 per cent and 1.55 per cent, respectively in March 2023.

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