5 Penny stocks rallied and hit 52-week highs today – Keep them on your radar for tomorrow!
Top 5 trending penny stocks under Rs 50 rallied and hit the upper circuit today. Read the article to know the complete details.
If you are searching for trendy penny or low-priced stocks that rallied today, you're in the right place. Here are the top 5 Penny Stocks listed on the BSE that rallied and hit their 52-week high today. Keep them on your radar for tomorrow. Let’s explore one by one each.
Galaxy Cloud Kitchens, a Film Production, Distribution, and Entertainment player, is categorized as a Small-Cap company. It reached a new 52-week high at Rs. 34.04 and closed at the same price, showing a change of 5 per cent. Established in 1981, Galaxy Cloud Kitchens Ltd specializes in manufacturing various food products including bakery items, desserts, confectionery, meals, and ready-to-eat food.
Kush Industries, operating in the Textile industry and classified as a micro-cap company, hit a new 52-week high at Rs 14.74 and closed at the same price, reflecting a change of 4.99 per cent. Established in 1992, Kush Industries Ltd. is engaged in the textiles and ceramic business.
Also read: Is it a good time to book profits? If not, then when?
Flora Textiles, operating in the Textile industry and falling under the micro-cap category, achieved a new 52-week high at Rs. 15.79 and closed at the same price, marking a change of 4.99 per cent. Established in 1993, Flora Textiles Ltd. specializes in manufacturing and exporting woven grey fabrics. Currently, the company is involved in renting out its immovable properties.
MPF Systems, operating in the Engineering - Industrial Equipment sector and categorized as a micro-cap company, reached a new 52-week high at Rs. 38.09 and closed at the same price, reflecting a change of 4.99 per cent. Established in 1993, MPF Systems specializes in hire purchase, leasing, and providing finance for plants and machinery, among other services.
Tradewell Holdings, operating in the Finance - Investment sector and classified as a micro-cap company, reached a new 52-week high at Rs. 44.78 and closed at the same price, marking a change of 4.99 per cent. Established in 2006, Tradewell Holdings Ltd. specializes in shares trading and real estate services.
Investors must keep these penny stocks on their radar.
Disclaimer: The article is for informational purposes only and not investment advice.
DSIJ's ‘Penny Pick’ service provides research-backed penny stock recommendations below Rs. 100. If this interests you, do download the service details here.
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