Penny Stocks: Stocks likely to be in focus tomorrow!

Penny Stocks: Stocks likely to be in focus tomorrow!

Vaishnavi Chauhan

The following penny stocks are likely to be in focus on Friday, April 05, 2024.

On Thursday, the trading session concluded on a positive trajectory, with the Sensex gaining moderately by 0.47 per cent to close at 74,227.64, and the Nifty surged by 0.36 per cent to reach 22,514.65.

Similarly, the broader market exhibited positive performance, with the Nifty Mid-Cap marginally higher by 0.01 per cent and the Nifty Small-Cap soaring by 0.45 per cent.

Market volatility, as measured by India VIX, decreased by 1.34 per cent, indicating a reduction in market volatility.

Top Gainers included Nifty IT, Nifty Bank, Nifty Financial Services, and Nifty Auto, while Nifty PSU Bank, Nifty Energy, Nifty FMCG, and Nifty Pharma underperformed.

Overall market sentiment remained positive, with 1,304 stocks advancing compared to 806 stocks declining.

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The following Penny Stocks are likely to be in focus on Friday, April 05, 2024:

Twentyfirst Century Management Service - Heavy buying was witnessed in the counter as the scrip zoomed and got locked at 2 per cent upper circuit, recording an intraday high of Rs 44.05 per share on NSE. Incorporated in 1986, Twentyfirst Century Management Services Ltd engaged in investments in Capital Market and Futures
& Options segment.

3P Land Holdings - 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 31.10 per share on NSE. Incorporated in 1965, 3P Land Holdings Ltd is engaged in the business of lending, investment activity and real estate leasing.

Aakash Exploration Services - 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 12.20 per share on NSE. Incorporated in 2007, Aakash Exploration Services Limited provides services to Oil and Gas Field.

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)

Ankit Metal & Power

4.20

5.00

Setubandhan Infrastructure 

0.80

6.67

VISA Steel

23.30

4.95

Rolta India

5.30

4.95

 

 

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

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