These penny stocks were locked in the upper circuit on Thursday

These penny stocks were locked in the Upper Circuit on Thursday.

by 5paisa Research Team Last Updated: Dec 13, 2022 - 07:31 pm 46.3k Views
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Escorts, SRF, Vodafone Idea and Castrol are among the top midcap gainers. Meanwhile, JSW Energy, Tata Power and Coforge are the top midcap losers.

Headline indices Nifty 50 and Sensex staged a decent recovery after dipping by more than 1% amid a volatile session on Thursday. Nifty Midcap 100 index is down by more than 1%, at around 31,380 levels. Escorts, SRF, Vodafone Idea and Castrol are among the top midcap gainers. Meanwhile, JSW Energy, Tata Power and Coforge are the top midcap losers.

Following is the list of penny stocks that were locked in the upper circuit on Thursday. Keep a close eye on these counters for the upcoming sessions.

Sr no   

Stocks   

LTP   

Price Change (%)   

1  

Orient Green Power   

7  

4.48  

2  

FCS Software  

1.85  

2.78  

3  

Mercator   

1.35  

3.85  

4  

Prakash Steel   

3.95  

3.95  

5  

Ankit Metal and Power   

7.95  

4.61  

6  

Viji Finance   

2.9  

3.57  

7  

JIK Industries   

0.9  

5.88  

8  

Grand Foundry   

3.6  

4.35  

9  

SITI Networks   

2.4  

4.35  

10  

Neueon Towers   

2.3  

4.55  

Rajesh Exports has recently announced that it has bagged a prestigious order worth Rs 782 crore for a designer range of jewellery from Germany. The said order is to be completed by March 2022. The company will be executing the order from its own manufacturing facility, which is the world’s largest jewellery manufacturing facility.

The company is confident of executing this order well within the time frame on the back of its expertise, skilled craftsmen, artisans and its exceptionally strong backward integrated infrastructure. The special significance of this order is the acceptance of the company’s new range of jewellery in the global markets. The company expects further significant orders for this range of jewellery from the international markets.

Rajesh Exports Ltd is a zero-debt company on a standalone basis. The company has emerged as the single largest constituent of gold business in the world. It processes about 35% of gold produced in the world. It is the only company with a presence across the value chain of gold from mining to its own retail brand.

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