Penny Stocks: Top 10 Picks for Investing in January 2024
The Indian stock market opened with a bit of a downswing this week, but now it seems to be picking up speed. The start of 2023 was a bit negative for the Indian stock market, but by the end of the year, it had managed to generate impressive profits for investors. Now, as we enter the new year, there are several companies whose stocks are showing promising growth. According to experts, 2024 will provide numerous opportunities for investors to make profits. So, if you’re looking to invest and earn money, this article is for you. Today, we’ll take a look at the top 10 stocks that were hot in Wednesday’s trading session and have the potential to make investors rich in the short term.
1. Sturdy Industries Limited (Penny Stocks)
In Wednesday’s trading session, the company’s stock closed at Rs 0.63 with a 5% increase. On Friday, January 12, 2024, the stock is trading at Rs 0.64 with a 4.92% increase.
2. Satra Properties (India) Limited
The company’s stock closed at Rs 1.05 with a 5% increase in Wednesday’s trading session. On Friday, January 12, 2024, the stock is trading at Rs 1.15 with a 4.55% increase.
3. Melstar Information Technologies Limited (Penny Stocks)
In Wednesday’s trading session, the company’s stock closed at Rs 4.85 with a 4.98% increase. On Friday, January 12, 2024, the stock is trading at Rs 5.15 with a 4.04% increase.
4. GACM Technologies Ltd
In Wednesday’s trading session, the company’s stock closed at Rs 8.44 with a 4.98% increase. On Friday, January 12, 2024, the stock is trading at Rs 2.20 with a 2.33% increase.
5. Libord Finance Limited
In Wednesday’s trading session, the company’s stock closed at Rs 9.48 with a 4.98% increase. On Friday, January 12, 2024, the stock is trading at Rs 10.44 with a 4.92% increase.
6. Tatia Global Venture Limited
In Wednesday’s trading session, the company’s stock closed at Rs 4.41 with a 5% increase. On Friday, January 12, 2024, the stock is trading at Rs 3.99 with a 4.77% decrease.
7. SVC Industries Limited
In Wednesday’s trading session, the company’s stock closed at Rs 4.63 with a 4.99% increase. On Friday, January 12, 2024, the stock is trading at Rs 4.45 with a 1.98% decrease.
8. Sharanam Infraproject and Trading Limited (Penny Stocks)
In Wednesday’s trading session, the company’s stock closed at Rs 9.24 with a 9.24% increase. On Friday, January 12, 2024, the stock is trading at Rs 1.24 with a 4.61% decrease.
9. Visagar Polytex Limited
In Wednesday’s trading session, the company’s stock closed at Rs 1.76 with a 19.73% increase. On Friday, January 12, 2024, the stock is trading at Rs 1.80 with a 7.69% decrease.
10. Sulabh Engineers and Services Limited
In Wednesday’s trading session, the company’s stock closed at Rs 7.38 with a 4.98% increase. On Friday, January 12, 2024, the stock is trading at Rs 7.10 with a 1.93% decrease.
So, these are the top 10 penny stocks that were on fire during Wednesday’s trading session. With their potential for short-term growth, these stocks have the ability to make investors wealthy.
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.
