Indian markets soared like rockets on Friday, blasting past previous records with both Sensex and Nifty reaching new all-time highs. The Sensex climbed 1.37% to settle at 71,695.76, while the Nifty rose 1.29% to touch 21,492.30. IT, PSU banks, and metal sectors spearheaded the rally, with tech giants like TCS, HCL Technologies, and Infosys leading the charge. However, some blue-chip companies like HDFC Life, Nestle India, and Bharti Airtel faced resistance, ending in the red.
While headlines might grab the attention of blue-chip giants, sometimes the real action lies in the Low-priced stock section. These low-priced, high-volatility stocks can offer explosive returns for the adventurous investor. This week, several Low-priced stocks defied their humble beginnings and skyrocketed in price, leaving seasoned investors and curious newcomers alike scratching their heads.
S.No. | Name | CMP Rs. | Mar Cap (Rs crore) | Ind PE | P/E | 1 week return % |
1 | Ace Integrated | 51.65 | 52.69 | 36.59 | 112.1 | 42.48 |
2 | BNR Udyog | 80.49 | 24.15 | 36.59 | 4.34 | 40.01 |
3 | Spel Semiconductor | 73.27 | 337.93 | 75.66 | 582.63 | 33.68 |
4 | Colab Cloud | 65.7 | 67.01 | 21.52 | 51.55 | 27.57 |
5 | Shraddha Prime | 83.74 | 169.16 | 35.54 | 338.46 | 27.57 |
6 | HEC Infra Proj. | 71.75 | 72.74 | 31.36 | 54.28 | 27.56 |
7 | AI Champ.Inds. | 53.22 | 163.67 | 15.89 | 11.73 | 27.56 |
8 | Response Info. | 66.29 | 49.57 | 36.59 | 79.94 | 27.55 |
9 | ICDS | 58.75 | 75.09 | 21.52 | 93.86 | 27.29 |
10 | ERP Soft Systems | 91.35 | 36.17 | 36.59 | 100.48 | 26.09 |
These low-priced top gainer stocks reflect the diversity of opportunities available in the market. Investors should approach such stocks with caution, considering the inherent risks associated with penny stocks. While the market outlook remains positive overall, it’s crucial for investors to conduct thorough research, assess risk tolerance, and make informed decisions aligned with their financial goals.
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.
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