Penny Stocks: Stocks likely to be in focus tomorrow!
The following penny stocks are likely to be in focus on Friday, March 01, 2024.
On Thursday, the benchmark indices concluded the trading day on a positive note, with the Sensex moderately higher by 0.27 per cent at 72,500.30 and the Nifty also up by 0.14 per cent at 21,982.80.
The broader market saw moderate gains, with the Nifty Mid-Cap rising by 0.51 per cent and the Nifty Small-Cap soaring by 0.64 per cent.
Market volatility, as indicated by India VIX, decreased by 4.64 per cent, signaling a decline in market volatility.
Among sectors, Nifty PSU Bank, Nifty Metal, and Nifty FMCG were among the Top Gainers, while Nifty Media and Nifty IT were among the Top Losers.
The broader market sentiment was positive, with 1,197 stocks advancing compared to 1,058 stocks declining.
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The following Penny Stocks are likely to be in focus on Friday, March 01, 2024:
Alok Industries - 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 29.25 per share on NSE. Alok Industries is a textile company with a presence in the cotton and polyester segments. The Company is engaged in manufacturing of textile, including mending and packing activities; leather and other apparel products.
Century Extrusions - The scrip experienced significant buying activity, resulting in the stock surging and getting locked at 5 per cent upper circuit, reaching an intraday high of Rs 22.85 per share on NSE. Incorporated in 1988, Century Extrusions Ltd manufactures Aluminum Extruded Products, Power Transmission and Distribution Line Hardware
Dhanuka Realty - A solid price volume breakout was seen at the counter today as the stock rallied and got locked at 10 per cent upper circuit to record an intraday high of Rs 22.05 per share on NSE. Incorporated in 2002, Dhanuka Realty Ltd is in the business of real estate development and construction.
Here is the list of volume breakout penny stocks that witnessed heavy buying in today’s session (in NSE):
|
Penny Stock
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LTP (Rs)
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Gain (per cent)
|
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Norben Tea & Exports
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13.35
|
4.71
|
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Paras Petrofils
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3.15
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5.00
|
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BKM Industries
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2.20
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4.76
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Vipul
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28.50
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4.98
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