Penny Stocks: Stocks likely to be in focus tomorrow!
Penny Stocks: Stocks likely to be in focus tomorrow!
Nifty50 closed at 18,534.10, while both the mid-cap index and small-cap index performed positively in the broader markets
On Monday, the Indian equity markets ended on a positive note
Back-to-Back 52-week highs: Watch out for this multibagger automobile stock which was locked in the upper circuit on June 05
The stock gave multibagger returns of 148.94 per cent from its 52-week low of Rs 155 per share.
According to the quarterly results (Q4), the company reported net sales of Rs 286.55 crore in Q4FY23 compared to net sales of Rs 288.63 crore in Q4FY22. The net profit increased by 48.05 per cent to Rs 16.64 crore in Q4FY23 compared to Q4FY22. The net sales increased by 20.46 per cent to Rs 1,169.22 crore in FY23 over FY22. The company reported a net profit of Rs 23.11 crore in FY23 compared to a net loss of Rs 1.10 crore in FY22, an increase of 22 times.
Stocks to watch: These small-cap stocks will be in focus on Tuesday!
Among the BSE Smallcap gainers were KDDL Ltd, The Hi-Tech Gears, Kopran Ltd and Ddev Plastiks Industries
On Monday, the Sensex surged by 240.36 points to close at 62,787.47, while Nifty 50 went up by 59.75 points to close at 18,534.10
Low PE stock below Rs 10; Board of this micro-cap company provided bonus shares!
The stock has a PE of 5.40x whereas the sectoral PE is 29.04x.
According to the financials, the company reported stellar annual results (FY23). The net sales increased by 14.99 per cent to Rs 3.61 crore and the net profit increased by 11.36 per cent to Rs 1.18 crore in FY23 compared to FY22.
Only Buyers: After a Reliance subsidiary acquired a major stake in the company, the shares are hitting back-to-back upper circuits!
Shares of the company soared almost 180 per cent in just one month in January 2023 when the notification was initially released by the Reliance FMCG arm!
Shares of the company soared almost 180 per cent in just one month in January 2023 when the notification was initially released by the Reliance FMCG arm!
520 per cent returns: This multibagger small-cap stock announced remarkable turnaround with debt reduction and enhanced cash flows!
The stock has witnessed heavy buying as it has given multibagger returns of more than 520 per cent in just 3 years
The scrip witnessed massive spurt in volume by more than 4 times
Rs 38,755 crore order book: Multibagger shipbuilding company hits upper circuit and 52-week high on June 02
The stock gave multibagger returns of 250 per cent in just 1 year whereas BSE Sensex Index is up by 12.58 per cent.
According to the annual results, the net sales increased by 36.52 per cent and net profit increased by 85.77 per cent in FY23 compared to FY22. The EPS for FY23 stood at Rs 53.19. The company has an order book of Rs 38,755 crore as of March 31, 2023.
Vijay Kedia's penny stock on fire; zoomed and got locked at 5 per cent upper circuit today post announcing new order!
The stock has witnessed heavy buying as it zoomed more than 95 per cent in just 3 years
Moreover, the stock has shown significant buying activity in the past 3 months, with the stock surging more than 75 per cent
Penny Stock Under Rs 5: This micro-cap company reports a 234 per cent jump in revenue!
The stock is up by 23.10 per cent from its 52-week low of Rs 3.90 per share.
According to the annual Results (FY23), the Revenue stood at Rs 23.58 crore, an increase of 228.05 per cent over FY22. The company reported a net profit of Rs 0.05 crore in FY23 compared to a net loss of Rs 7.38 crore in FY22.
In an interaction with Arun Poddar, CEO of Choice International Ltd
We believe that the Indian financial services sector is poised for significant growth in the coming years, says Arun Poddar, CEO of Choice International Ltd
We believe that the Indian financial services sector is poised for significant growth in the coming years, says Arun Poddar, CEO of Choice International Ltd
Back-to-back 52-week high: This small-cap multibagger stock gave returns of 510 per cent in just 3 years!
The stock broke its 52-week high twice in a row, first on June 2 at Rs 195.80 and then on June 5, at Rs 214.50.
The company has delivered outstanding returns, achieving an impressive 45.35 per cent return in the past 1 year and a significant 516.32 per cent return over the last 3 years.
Shares below Rs 100: Only buyers were seen in these stocks on June 05
About 2,160 shares have advanced, 1,498 declined and 182 are unchanged on BSE.
On Monday, at 03:30 pm, indices were trading in green with the BSE Sensex Index up 0.38 per cent at 62,787.47 and the NSE Nifty-50 Index up 0.32 per cent at 18,593.85.