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

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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 


Change (%) 

Vama Industries 



Universal Office Automation  



Ansal Properties & Infrastructure 


Tejassvi Aaharam Ltd 


Olympic Cards Ltd 


Anubhav Infrastructure 



Nagarjuna Fertilizers & Chemicals 



Ambitious Plastomac Company 



Mahasagar Travels 




Garware Synthetics 



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. 

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