DSIJ Mindshare

Rane (Madras) Limited, a leading manufacturer of steering and suspension products and light metal casting components has recently announced that the Board of Directors of the company have approved the acquisition of the Steering Components Business (SCB) of Yagachi Technologies Private Limited (YTPL), a part of Hical Group.

Krsnaa Diagnostics Ltd is one of India’s fastest growing diagnostic service providers, both in radiology and pathology. The Company today announced the results for first six months ending September 30, 2021, following its listing on the stock exchanges on August 16, 2021.

The stock plunged nearly 11 per cent soon after announcing its Q1FY22 earnings. Meanwhile, the stock is up by over 200 per cent on a YTD basis.

Benchmark Indices closed in green for the third consecutive session with Nifty 50 gaining 0.28 per cent and Sensex gaining 0.13 per cent. Nifty touched the 18000 level for the first time and Sensex closed above 60,000 on Monday.

One needs to be highly selective; hence, we have come out with the top three penny stocks that have witnessed a breakout based on the T20 breakout system.