These penny stocks were locked in the upper circuit on 28-Feb-2023

penny stock

Penny Stocks to Buy
by 5paisa Research Team Last Updated: Feb 28, 2023 - 12:54 pm 187 Views

Indian headline indices trade lower, mainly dragged down by steep losses in the metal sector.

The Wall Street indices recovered overnight after suffering their worst weekly selloff of 2023. After trading higher in the early trades of the session, Indian headline indices were driven down by losses in the metals, oil & gas and energy sectors.

BSE Metals emerged as the top losing sector, with losses of more than 1%, driven down by a nearly 7% steep decline in Vedanta Ltd. In an otherwise weak market, BSE Consumer Durables and BSE Auto both posted significant gains.

At 12:30 pm, the BSE Sensex fell 0.11%, reaching a level of 59,225. The Nifty 50 index edged down by 0.02% to the 17,390 level. On the Sensex, Asian Paints, Mahindra & Mahindra and Tata Motors were the top gainers, whereas ITC Ltd, Reliance Industries and NTPC Ltd were the market draggers.

On February 28, the below penny stocks were locked in the upper circuit. Keep a watch on them for upcoming trading sessions.

Sr No 

Stock Name 

LTP 

Change (%) 

Vama Industries 

5.62 

19.83 

Universal Office Automation  

4.75 

9.95 

Ansal Properties & Infrastructure 

9.24 

Tejassvi Aaharam Ltd 

8.4 

Olympic Cards Ltd 

2.73 

Anubhav Infrastructure 

9.68 

4.99 

Nagarjuna Fertilizers & Chemicals 

8.83 

4.99 

Ambitious Plastomac Company 

6.73 

4.99 

Mahasagar Travels 

3.58 

4.99 

10 

Garware Synthetics 

8.86 

4.98 

The majority of Adani Group stocks recovered, with shares of Adani Enterprises soaring more than 13% on increased volume. Adani Ports & Special Economic Zone, Adani Wilmar and Adani Green Energy were also among the top gainers among large-cap stocks. 

Explore List of Penny Stocks

Learn More About: What are Penny Stocks?

How do you rate this blog?

Fill in your details below:

Start Investing in 5 mins*

Rs. 20 Flat Per Order | 0% Brokerage

About the Author

Our research team is composed of some highly qualified research professionals, their expertise range across sectors.

Disclaimer

Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.

Open Free Demat Account

Resend OTP
Please Enter OTP
Account belongs to

By proceeding, you agree to the T&C.

Start Investing Now!

Open Free Demat Account in 5 mins

Enter Valid Mobile Number