Penny Stocks: Stocks likely to be in focus tomorrow!

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

The following penny stocks are likely to be in focus on Friday, February 16, 2024

Domestic indices managed to conclude today’s trading session notably higher, thanks to significant gains in the energy, oil & gas, power, and utilities sectors. The BSE Sensex gained 0.32 per cent to 72,050 level at the close. The Nifty 50 index added 0.32 per cent to a level of 21,910.

The following Penny Stocks are likely to be in focus on Friday, February 16, 2024:

Pressure Sensitive Systems (India) Ltd: Shares experiencing a four-fold increase in trading volume were locked at the 10 per cent upper circuit, reaching Rs 8.69 on the BSE. The company specializes in manufacturing various types of tapes including salt adhesive tapes, nylon cloth tapes, rayon cloth tapes, single-sided cotton cloth tapes, double-sided cotton cloth tapes, and fiberglass cloth tapes.

BCL Enterprises Ltd: Shares surged by 10 per cent, reaching an intraday high of Rs 1.38 per share on the BSE. The company operates in the field of investing in securities and offering loans and advances.

Goenka Business & Finance Ltd: Shares climbed over 9 per cent, closing the trading session at Rs 7.98 per share on the BSE. The company is a non-deposit accepting NBFC specializing in financial services. It engages in activities such as investing, transferring, and dealing in various financial instruments including shares, debentures, derivatives, securities, bonds, and certificates.

Top trending stocks of the day: Mangalore Refinery & Petrochemicals, KIOCL Ltd, Oil India, NMDC Steel, Aegis Logistics, Torrent Power, ONGC, Swan Energy, Kalyan Jewellers India Ltd.

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

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

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