Watch out for these penny stocks locked in the upper circuit on January 20

Watch out for these penny stocks locked in the upper circuit on January 20

Vaishnavi Chauhan

BSE Sensex registered a 0.03 per cent increase and Simultaneously, the Nifty 50 index added 0.09 per cent

Market at 12:15 PM, In the midst of heightened volatility, domestic indices exhibited fluctuations, toggling between modest gains and losses. BSE Sensex registered a 0.03 per cent increase. Simultaneously, the Nifty 50 index added 0.09 per cent.

 The Nifty Mid-Cap 100 reported a gain of 0.77 per cent, while the Nifty Small-Cap 100 surged by 0.45 per cent.

Nifty Media, Nifty Financial Services, and Nifty Bank emerged as the Top Gainers, whereas Nifty FMCG, Nifty Realty, and Nifty Pharma recorded notable losses.

Coal India, Power Grid Corporation of India, and NTPC stood out as the top gainers, while Hindustan Unilever, IndusInd Bank, and Tata Consultancy Services were among the prominent losers within the Nifty 50.

With 1,393 shares rising on the NSE and 959 shares declining, the advance-decline ratio strongly remained in favor of advances.

DSIJ's ‘Penny Pick’ service provides research-backed penny stock recommendations below Rs. 100. If this interests you, do download the service details here.

Following is the list of Penny Stock that got locked in the upper circuit on January 20, 2024:

Company Name

LTP / Close

Circuit Limit %

Minaxi Textiles Ltd

2.88

20

Landmark Property Development Co Ltd

9.73

9.94

Sgn Telecoms Ltd

0.63

5

 PMC Fincorp Ltd

2.94

5

Orchasp Ltd

4.42

4.99

Padmanabh Industries Ltd

4.63

4.99

Infomedia Press Ltd

7.16

4.99

Chartered Logistics Ltd

7.78

4.99

Ladam Affordable Housing Ltd

8.84

4.99

Natura Hue Chem Ltd

9.04

4.99

 

 

Investors should keep an eye on these Penny Stocks.

 

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

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