These 5 penny stocks are hitting back-to-back upper-circuit

In today’s trading session, the main stock market indicators ended the day slightly lower. The Sensex, which represents the top 30 stocks, closed down by 0.24% at 71,315.10, and the Nifty, representing the top 50 stocks, dropped by 0.18% to close at 21,418.65. On the other hand, broader market indices showed some gains, with Nifty Midcap increasing by 0.11% and Nifty Smallcap rising by 0.71%.

Market volatility, measured by India VIX, increased by 5.88%, indicating higher uncertainty and fluctuations in the market.

In terms of sectors, Nifty Media, Nifty Pharma, and Nifty Metal performed well and gained, while Nifty Realty, Nifty PSU Bank, and Nifty Bank experienced losses.

Among individual stocks in the Nifty 50, Bajaj Auto, Hindalco, and Adani Ports were the top gainers, while Power Grid, ICICI Bank, and ITC were the leading losers.

In the broader market, more stocks were advancing (1099) than declining (946), suggesting an overall positive sentiment among investors.

Some low-priced stocks, known as penny stocks, gained significant attention from investors as they hit consecutive upper circuit limits. Let’s take a look at a few:

Art Nirman Ltd (CMP Rs 60.50, Market Cap 151 crore)

Art Nirman Ltd is engaged in the construction of residential and commercial buildings in India. Its residential projects include Affordable housing, luxurious flats, and towers as well as luxurious bungalows and its commercial projects comprise office spaces as well as showrooms and shops. The stock has been in the upper circuit for the past two days and is up by 18.8% since the past 5 trading sessions.

Aarey Drugs & Pharmaceuticals Ltd (CMP Rs 48.80, Market Cap 124 crore)

Aarey Drugs & Pharmaceuticals Limited incorporated in 1990, is engaged in the business of Manufacturing active pharmaceutical ingredients (APIs), intermediates and specialty chemicals. Trading of Industrial Solvents & Chemicals. The high-quality pharmaceutical products cater to well-established pharmaceutical formulation manufacturers and pharmaceutical merchant exports & our wide array of industrial chemicals & solvents help keep the costs in check as well as act as a supplier to different industries across the globe.

Marinetrans India Ltd (CMP Rs 41.40, Market Cap 52 crore)

Marinetrans has developed a compact range of services equipped to handle all logistics and transportation needs comprising Air, Ocean and Land transportation. The stock has been in the upper circuit for the past 5 trading sessions and is up by 31.55% for the same time frame showcasing an incredible performance.

Surana Telecom and Power Ltd (CMP Rs 17.25, Market Cap 234 crore)

Surana Telecom and Power Ltd does manufacturing and trading of Solar related Products, Generation of Solar Power, and Wind Power. The stock is up by 53% since the past 5 trading sessions showcasing increased buyer interest after a long range of consolidation.

Twentyfirst Century Management Services Ltd (CMP Rs 29.35, Market Cap 31.4 crore)

Twentyfirst Century Management Services Ltd engaged in investments in the capital market and Futures and options segment. Since the past 5 trading sessions, the stock has been in a continuous upper circuit and has given 8.18% returns so far.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.