Penny Stocks: 6 Top Picks for Investors in the Indian Stock Market
The Indian stock market ended the year with a slight dip, but has since seen a significant recovery. However, today there is some selling pressure in the stock market. According to experts, investors will have many opportunities to invest and earn in the stock market throughout the current calendar year. For this, investors need to buy good stocks. In this article, we will provide you with information about the top 6 penny stocks to invest in, which were trading in the upper circuit last Friday. These cheap stocks have the potential to bring substantial profits to investors.
1. Li & Ni Software Limited (Penny Stocks): The company’s stock was trading at Rs. 12.49 with a 19.98% upper circuit on Friday. On Monday, January 8, 2024, the stock was trading at Rs. 12.49 with a 19.98% gain. On Tuesday (January 9th), the stock was trading at Rs. 12.70 with a 7.36% decline.
2. Fone4 Communications (India) Ltd (Penny Stocks): The company’s stock was trading at Rs. 5.83 with a 19.96% upper circuit on Friday. On Monday, January 8, 2024, the stock was trading at Rs. 6.99 with a 19.90% gain. On Tuesday (January 9th), the stock was trading at Rs. 7.00 with a 0.14% increase.
3. Seacost Shipping Services Limited (Penny Stocks): The company’s stock was trading at Rs. 4.29 with a 10% upper circuit on Friday. On Monday, January 8, 2024, the stock was trading at Rs. 4.50 with a 4.90% gain. On Tuesday (January 9th), the stock was trading at Rs. 4.72 with a 4.89% increase.
4. Rajasthan Gases Limited (Penny Stocks): The company’s stock was trading at Rs. 10.28 with a 9.95% upper circuit on Friday. On Monday, January 8, 2024, the stock was trading at Rs. 10.79 with a 4.96% gain. On Tuesday (January 9th), the stock was trading at Rs. 11.30 with a 4.91% increase.
5. Digispice Technologies Ltd (Penny Stocks): The company’s stock was trading at Rs. 34.79 with a 9.99% increase on Friday. On Monday, January 8, 2024, the stock was trading at Rs. 35.35 with a 1.87% gain. On Tuesday (January 9th), the stock was trading at Rs. 33.00 with a 2.08% decline.
6. JMJ Fintech Ltd (Penny Stocks): The company’s stock was trading at Rs. 26.09 with a 9.99% upper circuit on Friday. On Monday, January 8, 2024, the stock was trading at Rs. 28.61 with a 10% gain. On Tuesday (January 9th), the stock was trading at Rs. 28.60 with a 0.07% decline.
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Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.
