Penny Stocks: Stocks likely to be in focus tomorrow!

The following penny stocks are likely to be in focus on Tuesday, March 19, 2024.

On Monday, Benchmark indices closed with a positive trend as Sensex edged up by 0.14 per cent, reaching 72,748.42, and Nifty surged by 0.15 per cent, closing at 22,055.70.

However, the broader market saw losses with Nifty Mid-Cap dropping by 0.39 per cent and Nifty Small-Cap plunging by 0.57 per cent.

India VIX, indicating market volatility, rose slightly by 1.50 percent.

Among Top Gainers were Nifty Metal, Nifty Auto, Nifty Media, and Nifty Energy, while Nifty IT, Nifty FMCG, Nifty Financial Services, and Nifty Bank witnessed losses.

With 1,128 stocks advancing and 1,144 declining, the broader market sentiment remained neutral.

The following Penny Stocks are likely to be in focus on Tuesday, March 19, 2023:

Aarey Drugs & Pharmaceuticals - 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 39.60 per share on NSE. Incorporated in 1990, Aarey Drugs & Pharmaceuticals Ltd is a manufacturer of API / Bulk Drugs and offers products for diverse industrial applications.

Aban Offshore - 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 56.15 per share on NSE. Incorporated in 1986, Aban Offshore is in the business of offshore drilling services.

Ace Integrated Solutions - A solid price volume breakout was seen at the counter today as the stock rallied and got locked at 5 per cent upper circuit to record an intraday high of Rs 31.85 per share on NSE. Incorporated in 1997, Ace Integrated Solutions Ltd provides integrated end to end solutions for human resource department of client organizations.

Here is the list of volume breakout penny stocks that witnessed heavy buying in today’s session (in NSE):  

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet, and is subject to changes. Please consult an expert before making related decisions.