Penny Stock Update: These Penny Stocks gained up to 4.95% on Monday

penny stocks update

by 5paisa Research Team Last Updated: 2022-04-04T13:40:05+05:30

The illiquid stocks that trade below Rs 10 per share, and have lower capitalisation are penny stocks. Penny stocks that often neglected by investors as they are considered risky. However, the penny stocks that gain with rise in volumes often lead to outperformance. Several penny stocks were seen outperforming in the Monday trading session along with the trending auto, banking and realty stocks. Few of the penny stocks jumped higher along with a spurt in volume on Monday 

Overall, the market remained skittish with the advance decline ratio remaining in the favor of the declines. The BSE Sensex while slipping from its day’s high, managed to close at record highs, on closing price basis. Nifty 50 stocks such as ICICI Bank, RIL, Grasim and Kotak Mahindra Bank managed to make fresh all-time highs for themselves while HDFC twins are trading precariously close to their life highs. On Monday the IT stocks slipped deep into the red. 

BSE SmallCap index closed down by 0.13% on Monday. Some of the top penny stocks gained up to ~5% even as the broader markets underperformed.  

Penny Stock List

Here is the list of penny stocks that gained up to ~5% with a spurt in volume on closing basis on Monday September 27th:  

Sr No  

Stock  

LTP  

Price Gain (%)  

Volume Change (Times)  

Oscar Global  

4.95 

1.77 

Chartered Logistics  

5.53 

4.93 

2.54 

Indowind Energy  

6.4 

4.92 

1.56 

Gravity (India)  

4.05 

4.92 

2.04 

Ramasigns industries  

3.93 

4.8 

2.39 

Techindia Nirman  

7.85 

4.67 

1.7 

Vintron Informatics   

1.12 

4.67 

1.87 

Navketan Merchants  

2.05 

4.59 

1.5 

Sumeru Industries  

1.15 

4.55 

1.93 

10 

Yamini Investments Company  

0.46 

4.55 

2.42 


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