Penny Stocks: Stocks likely to be in focus tomorrow!
Penny Stocks: Stocks likely to be in focus tomorrow!

Penny Stocks: Stocks likely to be in focus tomorrow!

The following penny stocks are likely to be in focus on Friday, April 19, 2024.

Vaishnavi Chauhan Article rating: 3.7

In broader market sentiment, 880 stocks advanced compared to 1,207 stocks declining, indicating a negative outlook.

Multibagger auto stock bags new order worth Rs 30 crore from Tata Motors for winches – details inside!
Multibagger auto stock bags new order worth Rs 30 crore from Tata Motors for winches – details inside!

Multibagger auto stock bags new order worth Rs 30 crore from Tata Motors for winches – details inside!

The stock gave multibagger returns of 340 per cent in just 1 year, 560 per cent in 3 years and a whopping 4,460 per cent in a decade.

Kiran Shroff Article rating: 4.4

The stock gave multibagger returns of 340 per cent in just 1 year, 560 per cent in 3 years and a whopping 4,460 per cent in a decade.

Low PE & high ROE penny stock under Rs 55: This micro-cap human resource services company bags new orders worth Rs 15,06,614 from HCL Technologies Ltd
Low PE & high ROE penny stock under Rs 55: This micro-cap human resource services company bags new orders worth Rs 15,06,614 from HCL Technologies Ltd

Low PE & high ROE penny stock under Rs 55: This micro-cap human resource services company bags new orders worth Rs 15,06,614 from HCL Technologies Ltd

The shares of the company have a PE of 17.6x, an ROE of 24 per cent and an ROCE of 32 per cent.

Kiran Shroff Article rating: 3.7

The shares of the company have a PE of 17.6x, an ROE of 24 per cent and an ROCE of 32 per cent.

Penny stock at Rs 25.22 up 90 per cent from its 52-week low; Company bags new order worth Rs 18,90,590.35 from Tata Memorial Centre ACTREC
Penny stock at Rs 25.22 up 90 per cent from its 52-week low; Company bags new order worth Rs 18,90,590.35 from Tata Memorial Centre ACTREC

Penny stock at Rs 25.22 up 90 per cent from its 52-week low; Company bags new order worth Rs 18,90,590.35 from Tata Memorial Centre ACTREC

The stock gave 90 per cent returns from its 52-week low of Rs 13.26 per share.

Kiran Shroff Article rating: 4.7

The shares of the company saw a spurt in volume by more than 1.50 times on BSE.  

Interview with Jigar Mehta, Managing Director, Onward Technologies
Interview with Jigar Mehta, Managing Director, Onward Technologies

Interview with Jigar Mehta, Managing Director, Onward Technologies

The integration of generative AI into our digital services portfolio adds significant value to our clients and contributes to our overall competitiveness in the market, states Jigar Mehta, Managing Director, Onward Technologies.

Vardan Pandhare Article rating: 5.0
The Onward Tech team is strategically aligned to deliver digital
and engineering services to Automotive, Rail, Industrial
Equipment, Heavy Machinery, and Healthcare Original
Equipment Manufacturers (OEMs) from North America and
Europe
NSE to launch derivatives on Nifty Next 50 Index (NIFTYNXT50) from April 24, 2024
NSE to launch derivatives on Nifty Next 50 Index (NIFTYNXT50) from April 24, 2024

NSE to launch derivatives on Nifty Next 50 Index (NIFTYNXT50) from April 24, 2024

The introduction of derivatives on the Nifty Next 50 index (NIFTYNXT50) will well complement the existing index derivatives product suite.

Vaishnavi Chauhan Article rating: 5.0

The Nifty Next 50 index has a 71 per cent correlation and a Beta value of 0.95 with the Nifty 50 Index. It has a correlation of 90 per cent with Nifty Midcap 150 index in financial year 2024.

FIIs bought 1,71,000 shares: This drone company signs agreement with CBAI Technologies Pvt Ltd to purchase 200 type certified training drones!
FIIs bought 1,71,000 shares: This drone company signs agreement with CBAI Technologies Pvt Ltd to purchase 200 type certified training drones!

FIIs bought 1,71,000 shares: This drone company signs agreement with CBAI Technologies Pvt Ltd to purchase 200 type certified training drones!

The agreement entails the procurement of 200 type certified training drones over a span of 3 years.

Kiran Shroff Article rating: 5.0

As of March 2024, FIIs bought 1,71,000 shares and increased their stake to 2.02 per cent compared to 1.31 per cent in September 2023. 

"Corporate India is witnessing a consensus earning upgrade cycle"
"Corporate India is witnessing a consensus earning upgrade cycle"

"Corporate India is witnessing a consensus earning upgrade cycle"

Despite reservations about the ‘froth’ building up in the mutual fund industry, Sorbh Gupta, Senior Fund Manager (Equities) Bajaj Finserv Asset Management, believes that the time is right for investors, especially those taking their first plunge, to park their funds in flexi-cap funds to take advantage of the positive trends

Vardan Pandhare Article rating: 5.0

Interview with Sorbh Gupta, Senior Fund Manager (Equities), Bajaj Finserv Asset Management.

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