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, August 02, 2024:
About 1,586 stocks were advancing as against to 2,375 that were declining, thus indicating a positive sentiment in the broader market.
FM Sitharaman's Budget 2024 boosts consumer durables sector
Finance Minister Nirmala Sitharaman allocated a significant amount of capital for rural development, Agriculture and allied sectors which has potential to boost rural and urban consumption.
The Government of India’s focus on higher allocations for rural development, agriculture, and allied services, along with schemes for employment and skilling of youth, is expected to boost both rural and urban consumption for consumer products.
Watch out for these Penny Stocks locked in the upper circuit on July 18
About 1,301 stocks are advancing as against to 2,515 stocks that are declining, thus indicating a positive sentiment in the broader market.
About 1,301 stocks are advancing as against to 2,515 stocks that are declining, thus indicating a positive sentiment in the broader market.
800 per cent multibagger returns: Heavy buying witnessed in this debt-free education services stock under Rs 100; Jumps over 15 per cent today!
From Rs 14.39 to Rs 99.25 per share, the stock gave multibagger returns of 590 per cent in 3 years and a whopping 855 per cent in 5 years.
As of March 2024, Foreign Institutional Investors (FIIs) hold a 19.01 per cent stake in the company.
Debt-free penny stock at Rs 3.33: This micro-cap company to host ‘Kumite 1 Asian Championship’ in Qatar in October 2024
The company has a market cap of Rs 188.58 and as of March 31, 2024, it is debt-free.
The company’s only 0.21 per cent stake is owned by FIIs and the remaining 99.79 per cent stake is owned by the public as of June 2024.
38 per cent from its 52-week low: Low PE gems & jewellery stock gains over 7 per cent today with 3 times spurt in volume
The company's shares have a PE of 14x whereas the industry PE is 28x with an ROE of 17 per cent and an ROCE of 16 per cent.
The company’s majority of the stake is owned by the company's promoters i.e., 74.28 per cent while FIIs own 8.04 per cent, DIIs own 1.23 per cent and the public owns 16.46 per cent stake in the company as of March 2024.
Penny Stocks: Stocks likely to be in focus tomorrow!
The following penny stocks are likely to be in focus on Wednesday, July 10, 2024:
Advancing stocks numbered 1,960, while 1,963 stocks declined, reflecting a slight negative sentiment in the broader market.
Penny stock at Rs 87: This micro-cap company successfully completes order worth Rs 1,32,89,065 from Larsen & Toubro Ltd
The stock’s 52-week high is Rs 107 while its 52-week low is Rs 83.05.
The company has a market cap of Rs 139 crore.
Small-cap gem: Sets new safety benchmark with Firex LS0H-EBXL; The future of electrical wiring!
The stock has experienced significant buying activity, yielding returns of more than 28 per cent in just 3 months.
Watch out for these Penny Stocks locked in the upper circuit on June 11
Watch out for these Penny Stocks locked in the upper circuit on June 11
Sensex up by 0.27 per cent and the Nifty rising by 0.32 per cent.
Overall market sentiment is positive, with 2,480 stocks advancing compared to 1,211 stocks declining.
Multibagger penny stock at Rs 21: This civil construction company bags new order worth Rs 1,58,63,684 in Goregaon West, Mumbai
The promoters of the company own 73.13 per cent and non-promoters own 26.87 per cent stake in the company as of March 2024.
The stock gave multibagger returns of 277 per cent in just 3 years.
Rs 38000 Crore Order Book: This Power Transmission Infra Company Bags Orders Worth Rs 1,061 Crore; Must Watch
The shares of the company have delivered a return of around 46 per cent to its shareholders in just 1 year.
The shares of the company have delivered a return of around 46 per cent to its shareholders in just 1 year.