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 Tuesday, April 09, 2024.

On Monday, benchmark indices concluded the trading day positively, with the Sensex surging by over 0.67 per cent to reach a new all-time high of 74,869.30, and Nifty closing higher by 0.68 per cent at 22,697.30, also hitting a new record level.

The broader market saw positive performance, with Nifty Mid-Cap marginally higher by 0.04 per cent and Nifty Small-Cap up by 0.32 per cent.

Market volatility, reflected by India VIX, surged by 2.4 per cent, indicating increased market volatility.

Top Gainers included Nifty Auto, Nifty Realty, Nifty Energy, and Nifty Metal, while Nifty PSU Bank, Nifty Media, and Nifty IT underperformed.

With 939 stocks advancing and 1,180 declining, the broader market sentiment showed a slight negative bias.

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The following Penny Stocks are likely to be in focus on Tuesday, April 09, 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 46.65 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 33.85 per share on NSE. Incorporated in 1965, 3P Land Holdings Ltd is engaged in the business of lending, investment activity and real estate leasing.

A2Z Infra Engineering - 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 15.45 per share on NSE. Incorporated in 2002, A2Z Infra Engineering Ltd provides maintenance and engineering 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)

Sanco Industries

5.25

5.00

Housing Development & Infrastructure

5.25

5.00

Hindusthan National
Glass & Industries

22.85

4.82

Compuage Infocom

5.50

4.76

 

 

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

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