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, then 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.

Nakoda Group of Industries incorporated in 1989, reached a new 52-week high today at Rs. 51.15 and closed at Rs. 49.17, marking a 10.4 per cent increase. This micro-cap company operates in the FMCG sector, primarily focusing on the manufacturing and trading of Tutty Fruity and Dry Fruits. Additionally, the company is involved in the trading of grains and pulses.

Sakuma Exports, a Small-Cap company in the trading industry, reached a new 52-week high today at Rs. 32.39 and closed at Rs. 31.99, reflecting a 12.52 per cent increase. The company specializes in buying, processing, marketing, and exporting bulk agricultural commodities such as sugar, edible oils, oil seeds, pulses, and cotton. It also offers innovative financial structured products linked to physical commodities.

Galaxy Cloud Kitchens Ltd, a small-cap FMCG company, reached a new 52-week high today at Rs. 29.41, closing at the same price with a 9.99 per cent increase also hit the upper circuit. Incorporated in 1981, the company manufactures a range of food products including bakery items, desserts, confectionery, meals, and ready-to-eat foods. The company’s shares have delivered an impressive multibagger return of over 120 per cent in just 1 year only.

Flora Textiles, a micro-cap company in the textile industry, reached a new 52-week high today at Rs. 13.65 and closed at the same price, showing a 5 per cent increase. The company is a manufacturer and exporter of woven grey fabrics and is currently engaged in the business of renting out its immovable properties.

Bhudevi Infra Projects, a small-cap company in the textile industry, reached a new 52-week high today at Rs. 34.65 and closed at the same price, indicating a 5 per cent increase. Founded in 1992, the company focuses on the construction of premium residential ventures in Telangana.

Investors must keep these penny stocks on their radar.

Disclaimer: The article is for informational purposes only and not investment advice.