The shares of Deep Diamond India Ltd were locked in an upper circuit on Tuesday as it gained 4.93% from the previous close of ₹ 20.30 to settle at ₹ 21.30 apiece. Deep Diamond India is engaged in the business of gold and diamond studded jewellery and operates in the consumer discretionary industry. Its shares [...]
Penny stocks are an investment that is done with the purpose of achieving the highest return. These are high-risk investments as the trading volume is low and hence they are illiquid in nature. Here are 4 penny stocks that are held by the State Bank of India: Consolidated Construction Consortium Ltd The shares of Consolidated [...]
Penny stocks are known to deliver high returns in a shorter time period as these stocks tend to hit circuits more often. Penny stocks have a market capitalization of less than Rs 200 Crore and have a share price lesser than Rs 100. These companies tend to have zero or negative sales and profits and [...]
The shares of Adcon Capital services gained 4.81% on Wednesday and were locked at ₹ 5.01 apiece, at an upper circuit. Its shares have been on a gaining streak since November 2022. Incorporated in 1994, Adcon Capital Services Ltd is a Non-deposit taking NBFC (Non-Banking Financial Company). It is engaged in the business of providing [...]
Penny stocks are known to deliver high returns in a shorter time period as these stocks tend to hit circuits more often. Penny stocks have a market capitalization of less than Rs 500 Crore and have a share price lesser than Rs 100. These companies tend to have zero or negative sales and profits and [...]
The shares of Tirupati Forge Ltd, a small-cap company advanced 13.37% to reach a fresh 52-week high of ₹ 25.00 apiece on Wednesday’s early trades. This happened after Aegis Investment Fund, a Mauritius-based foreign institutional investor (FII) bought its shares. Its shares were trading at ₹ 23.60 apiece at 12:00 PM. According to the data [...]
The Shares of Aditya Vision Limited have delivered 9,671% in just six years, as the share price has risen from Rs 15.3 in December 2016 to the current level of Rs 1,495 on the BSE. Aditya Vision Limited is a dynamic, fastest-growing, and service-oriented electronic Retail Chain in Bihar. The company is a group of [...]
Vishnu Chemicals Limited is a small-cap business that operates in the chemical industry. It has been making and supplying chemicals for international firms in the steel, glass, pharmaceutical, pigments and dyes, leather and related sectors for three decades. The company informed the exchanges that its board has passed the necessary resolutions and has fixed Friday, [...]
Arfin India Ltd is a company engaged in manufacturing aluminum products that received an order from Saudi Basic Industries Corporation ("SABIC") for the supply of 18,000 MT of Aluminium Deox. The supply is set to be completed in phases of four years. The value of the contract is Rs 350 Crores (USD 39.97 million). The [...]
A stock whose price ranges anywhere between Rs 1 to Rs 80 and has a market capitalization of less than Rs 500 crore is categorized as a Penny stock in India. These stocks are illiquid in nature as the trading volume is generally less and thus have a higher risk. These companies are microcaps and [...]
