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 Wednesday, April 10, 2024.

Vaishnavi Chauhan Article rating: 2.7

Furthermore, the broader market sentiment was negative, with more declining stocks than advancing ones.

Ashish Kacholia’s portfolio multibagger penny stock announces rights issue; Company successfully executes order worth Rs 39.04 crore from MPSEZL
Ashish Kacholia’s portfolio multibagger penny stock announces rights issue; Company successfully executes order worth Rs 39.04 crore from MPSEZL

Ashish Kacholia’s portfolio multibagger penny stock announces rights issue; Company successfully executes order worth Rs 39.04 crore from MPSEZL

The stock gave multibagger returns of 283 per cent from its 52-week low of Rs 5.87 per share.

Kiran Shroff Article rating: 3.3

The stock gave multibagger returns of 283 per cent from its 52-week low of Rs 5.87 per share.

FII bought 2,68,31,848 shares: LIC-backed power generation stock forms a joint venture with Assam Power Distribution Company Ltd
FII bought 2,68,31,848 shares: LIC-backed power generation stock forms a joint venture with Assam Power Distribution Company Ltd

FII bought 2,68,31,848 shares: LIC-backed power generation stock forms a joint venture with Assam Power Distribution Company Ltd

The stock gave multibagger returns of 300 per cent in just 1 year while the BSE Sensex Index is up by 25 per cent.

Kiran Shroff Article rating: 4.1

The stock gave multibagger returns of 300 per cent in just 1 year while the BSE Sensex Index is up by 25 per cent.

Top 3 consistently performing large and mid-cap funds over the past five years
Top 3 consistently performing large and mid-cap funds over the past five years

Top 3 consistently performing large and mid-cap funds over the past five years

Large and Mid-cap Funds from Quant mutual fund, Axis mutual fund, and ICICI Prudential mutual fund have shown consistent performance over the 5 years with more than 20 per cent returns.

Prajwal Wakhare Article rating: 3.6

We've selected the most reliable mutual fund schemes by looking at two main factors: their average returns over time and how consistently they outperform others in their category. To make sure we're evaluating properly, we only considered funds with at least 5 years of performance history, covering different market conditions like bull and bear markets. Also, we excluded funds with assets under management (AUM) less than Rs 500 Crores from our rankings.

2:1 stock split & 2,000 per cent multibagger returns: This micro-cap company is into expansion of business and commences foundry facility at Jamnagar, Gujarat
2:1 stock split & 2,000 per cent multibagger returns: This micro-cap company is into expansion of business and commences foundry facility at Jamnagar, Gujarat

2:1 stock split & 2,000 per cent multibagger returns: This micro-cap company is into expansion of business and commences foundry facility at Jamnagar, Gujarat

The stock gave multibagger returns of 197 per cent in just 1 year and a whopping 2,000 per cent in 5 years.

Kiran Shroff Article rating: 3.7

The stock gave multibagger returns of 197 per cent in just 1 year and a whopping 2,000 per cent in 5 years.

Rs 21,842.90 crore order book: This multibagger civil construction company declared as L-1 bidder for the tender floated by the Haryana Rail Infrastructure Development Corporation Ltd
Rs 21,842.90 crore order book: This multibagger civil construction company declared as L-1 bidder for the tender floated by the Haryana Rail Infrastructure Development Corporation Ltd

Rs 21,842.90 crore order book: This multibagger civil construction company declared as L-1 bidder for the tender floated by the Haryana Rail Infrastructure Development Corporation Ltd

This is a multibagger stock with returns of 153.86 per cent in a year.

Prajwal Wakhare Article rating: 5.0

In Quarterly Results of Q3FY24 company reported a 3.2 per cent decrease in net profit to Rs. 107.4 crore for the third quarter ending December 31, 2023, compared to Rs. 111 crores in the same period last year. However, the company witnessed a significant uptick in revenue from operations, recording a 23.9 per cent rise to Rs. 2,876.8 crore from Rs. 2,322.4 crore in the corresponding quarter of the previous fiscal.

Dolly Khanna and FIIs increased stake in this small cap company for two consecutive quarters back-to-back
Dolly Khanna and FIIs increased stake in this small cap company for two consecutive quarters back-to-back

Dolly Khanna and FIIs increased stake in this small cap company for two consecutive quarters back-to-back

Stocks priced below Rs 150, with the company's shares trading at a price-to-earnings (PE) ratio of 6.79 times in the market.

Rakesh Deshmukh Article rating: 3.3

FIIs have increased their stake in the company from 1.61 per cent to 1.84 per cent according to the recent update.

Could this paint manufacturing company be the next Asian Paints? Board announces stock split from Rs 5 to Rs 1 after bonus share in the ratio 1:1
Could this paint manufacturing company be the next Asian Paints? Board announces stock split from Rs 5 to Rs 1 after bonus share in the ratio 1:1

Could this paint manufacturing company be the next Asian Paints? Board announces stock split from Rs 5 to Rs 1 after bonus share in the ratio 1:1

FIIs have increased their stake to 16.83 per cent in December 2023 compared to 15.19 per cent in September 2023.

Kiran Shroff Article rating: 3.7

There is one stock from the paints manufacturing industry and a part BSE Small-Cap Index, which is making the round on D-Street as this could be the next Asian Paints. 

Shares below Rs 100: Only buyers were seen in these stocks on April 09
Shares below Rs 100: Only buyers were seen in these stocks on April 09

Shares below Rs 100: Only buyers were seen in these stocks on April 09

BSE-listed companies' market capitalisation is approximately - Rs 400 lakh crore or USD 4.82 trillion as of April 09, 2024.

Kiran Shroff Article rating: 3.9

The broader markets were in red territory, with the BSE Mid-cap Index down 0.47 per cent and the BSE Small-cap Index down 0.15 per cent.

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