Watch out for these penny stocks locked in the upper circuit on April 25

Watch out for these penny stocks locked in the upper circuit on April 25

Kaustubh Bhosale

Nifty dropped below the crucial 17,000 mark. Barring banks and auto shares, selling pressure was seen across the board.

Nifty dropped below the crucial 17,000 mark. Barring banks and auto shares, selling pressure was seen across the board. Today, the share in focus is Borosil Renewables, which plunged over 4 per cent. The gaining stocks in focus are Jayant Agro, ICICI Bank, and Apcotex. Equity indices trimmed initial losses in the morning trade. Kohinoor Foods was locked in an upper circuit of 5 per cent at Rs 13.2 on BSE. The company's board will consider raising funds through the rights issue. On BSE, Kohinoor Foods was stuck in a 5 per cent upper circuit at Rs 13.2.   

 

The barometer index i.e. S&P BSE Sensex, cut down by 471 points or 0.82 per cent to 56,725.93 at 11.50 am. At 17,002.25, Nifty 50 index fell by 175 points or 1.02 per cent. S&P BSE Midcap index decreased 1.57 per cent and trades at 24,311.76 levels while S&P BSE Smallcap index slipped 382 points or 0.45 per cent and trades at 28,865.00 levels.  

 

Sensex Top Gainers include ICICI Bank (1.36 per cent), Maruti Suzuki (0.76 per cent), Mahindra & Mahindra (0.36 per cent), and Axis Bank (0.29 per cent).  

 

The top gainers on Nifty 50 are ICICI Bank (1.36 per cent), Maruti Suzuki (0.86 per cent), Bajaj Auto (0.82 per cent), and Eicher Motors (0.51 per cent).  

 

Foreign portfolio investors (FPIs) sold shares worth Rs 2,461.72 crore on April 22 while the domestic institutional investors (DIIs) bought shares worth Rs 1,602.35 crore.  

 

Following is the list of Penny Stocks that got locked in the upper circuit today. Keep a close eye on these counters for the upcoming sessions:    

 

Sr. 

no.  

Stock  name  

LTP  

Circuit limit (per cent)  

1  

Kaushalya Infrastructure Dev Corp Ltd  

6.12  

4.97  

2  

Consolidated Construction Consortium Ltd  

3.63  

4.91  

3  

Zenith Steel Pipes & Industries Ltd  

4.75  

4.86  

4  

Raj Rayon Industries Ltd  

4.99  

4.83  

5  

Impex Ferro Tech Ltd  

5.23  

4.81  

 

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