Watch out for these Penny Stocks locked in the upper circuit on April 18

Watch out for these Penny Stocks locked in the upper circuit on April 18

Vaishnavi Chauhan

Sensex rising by 0.48 per cent and the Nifty gaining 0.37 per cent.

Market at 11:25 AM, In the current trading session, the benchmark indices are showing positive momentum, with the Sensex rising by 0.48 per cent and the Nifty gaining 0.37 per cent. Furthermore, NIFTY Bank zoomed 0.42 per cent and FINNIFTY is up by 0.30 per cent.

Additionally, the Nifty Mid-Cap index is up by 0.72 per cent, while the Nifty Small-Cap index has surged by 1.02 per cent.

Zooming out to market volatility, it is indicated by India VIX. Currently, India VIX is down by 3.53 per cent, suggesting a decrease in market uncertainty.

Among sectors, Nifty Media, Nifty Metal, and Nifty PSU Bank are leading the gains, while Nifty FMCG is the only major sector lagging behind.

Overall market sentiment remains positive, with 2,545 stocks advancing compared to 1,059 stocks declining.

DSIJ's ‘Penny Pick’ service provides research-backed penny stock recommendations below Rs. 100. This service is available as part of the "Festive Savings" combo offer discounted at 51%. Do download the service details here.

Following is the list of Penny Stock that got locked in the upper circuit on April 18, 2024:

Company Name

LTP / Close

Circuit Limit %

Innocorp Ltd

5.77

19.96

Risa International Ltd

0.63

5

Paras Petrofils Ltd

3.36

5

Housing Development & Infrastructure Ltd

4.41

5

Aravali Securities and Finance Ltd

5.46

5

Charms Industries Ltd

5.05

4.99

Suncity Synthetics Ltd

7.58

4.99

RLF Ltd

9.68

4.99

Padmanabh Industries Ltd

5.07

4.97

Padmalaya Telefilms Ltd

2.97

4.95

 

Investors should keep an eye on these Penny Stocks.

 

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

Previous Article Vijay Kedia’s portfolio multibagger auto components & equipment stock secures a landmark multi-year Rs 1,000 crore contract from a Leading European OEM
Next Article 9:5 bonus shares & stock split from Rs 10 to Rs 5 to Rs 1: Multibagger pharma distributor stock at Rs 116.55 was locked in the upper circuit on April 18
Rate this article:
3.8

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