Penny Stocks: Stocks likely to be in focus tomorrow!
The following penny stocks are likely to be in focus on Thursday, June 27, 2024.
On Wednesday, benchmark indices ended the trading day on a positive note. The Sensex saw a significant gain of 0.8 per cent, reaching a record high of 78,759.40, while the Nifty surged by 0.64 per cent to an all-time high of 23,889.90.
The broader market showed mixed performance, with the Nifty Mid-Cap closing 0.16 per cent lower and the Nifty Small-Cap rising by 0.29 per cent.
Market volatility, indicated by the India VIX, decreased by 1.87 per cent, reflecting a slight reduction in volatility.
In the sectoral landscape, Nifty Media, Nifty Energy, and Nifty Bank were among the Top Gainers, while Nifty Metal, Nifty Realty, and Nifty Auto were the Top Losers.
Overall, 1,856 stocks advanced compared to 2,034 that declined, indicating a negative sentiment in the broader market.
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The following Penny Stocks are likely to be in focus on Thursday, June 27, 2024:
Fiberweb - Heavy buying was witnessed in the counter as the scrip zoomed and got locked at 20 per cent upper circuit, recording an intraday high of Rs 46.86 per share on NSE. Incorporated in 1985, Fiberweb Ltd is in the business of Polymer Processing.
Jaiprakash Associates - 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 10.25 per share on NSE. Jaiprakash Associates Limited is a Noida based Construction company mainly engaged in the business of Engineering & Construction, Manufacturing of Cement, Power, Real Estate Development, Hotel/ Hospitality, Sports, etc.
Accuracy Shipping - 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 13.68 per share on NSE. Accuracy Shipping Ltd is involved in providing third party logistics solutions. It offers customized and end-to-end logistics solutions and services including transportation distribution, freight forwarding, clearing and forwarding services, custom house clearance, warehousing and value added services.
Here is the list of volume breakout penny stocks that witnessed heavy buying in today’s session (in NSE):
|
Penny Stock
|
LTP (Rs)
|
Gain (per cent)
|
|
Setco Automotive
|
12.61
|
5.00
|
|
IL&FS Transportation Networks
|
6.59
|
4.94
|
|
Rolta India
|
5.58
|
4.98
|
|
Viji Finance
|
2.84
|
4.80
|
Disclaimer: The article is for informational purposes only and not investment advice.