Penny Stocks: Stocks likely to be in focus tomorrow!
The following penny stocks are likely to be in focus on Monday, September 11, 2023
On Friday, the benchmark indices concluded the trading day positively, with the Sensex and Nifty both closing higher by 0.5% and 0.47%, respectively, marking a favorable end to the trading session. Furthermore, the Nifty Midcap displayed outstanding performance, ending with a significant gain of 0.95%, and the Nifty Smallcap also finished on a positive note, recording a 0.61% increase.
In terms of sectoral performance, Nifty Realty, Nifty Energy, and Nifty Financial Services emerged as the top performers, demonstrating their robustness. In contrast, Nifty Media, Nifty Pharma, and Nifty FMCG witnessed declines.
When examining individual stocks within the Nifty 50 index, Coal India, NTPC, and BPCL emerged as the Top Gainers, while Eicher Motors, UPL, and Apollo Hospitals found themselves among the leading decliners.
The following Penny Stocks are likely to be in focus on Monday, September 11, 2023:
DPSC Limited- Heavy buying was witnessed in the counter as the scrip zoomed more than 17 per cent, recording an intraday high of Rs 17.40 per share on NSE. The scrip witnessed massive spurt in volume. The company is in business of power distribution, renewable power generation and smart grid.
Shrenik- The scrip experienced significant buying activity, resulting in the stock surging 15.79%, reaching an intraday high of Rs 1.10 per share on NSE. Shrenik Limited, incorporated in 1985, is a paper-trading company (wholesale distributor) having its operations spread across Gujarat, Rajasthan and Maharashtra.
TransIndia Real Estate- A solid price volume breakout was seen at the counter today as the stock rallied more than 15 per cent to record an intraday high of Rs 46.00 per share on NSE. TransIndia Real Estate empower businesses with warehousing solutions, guided by cutting-edge technology, inventory management and unwavering commitments to speed, safety, and customer connectivity.
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Here is the list of volume breakout penny stocks that witnessed heavy buying in Friday’s session (in NSE):
|
Penny Stock
|
LTP (Rs)
|
Gain (per cent)
|
|
Sab Events & Governance Now Media
|
4.45
|
4.71
|
|
Unitech
|
2.3
|
4.55
|
|
Future Supply Chain Solutions
|
12.8
|
4.92
|
|
Prakash Steelage
|
7
|
4.48
|
Disclaimer: The article is for informational purposes only and not investment advice.