Monday, April 22, 2024
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HomeStocksPenny Stocks To Watch On Friday - March 22, 2024

Penny Stocks To Watch On Friday – March 22, 2024

During the most recent market session, both the Sensex and Nifty closed on a positive note, with the Sensex Index up 0.75% and the Nifty-50 Index up 79%. At the same time, the Nifty Mid-cap Index increased 2.43%, whereas the Nifty Small-cap Index, finished the session up 2.51%.

On the sectoral front, the indices were trading in green with the NSE Realty Index, NSE Metals Index and NSE PSU Bank Index being the top gainers.

At the individual stock level, NTPC, Power Grid and Tata Steel were the top gainers, while Bharti Airtel, HDFC Life and Maruti Suzuki were the top losers on the Nifty 50 index.

The following penny stocks are likely to be in focus on Friday, March 22, 2024:

Onelife Capital Advisors Limited

The stock experienced a substantial surge in its stock price, with the stock zooming and getting locked at a 20% upper circuit, indicating a strong breakout in both price and volume. The stock achieved an impressive intraday high of Rs 17.40 per share on the NSE. Incorporated in 2007, Onelife Capital Advisors Limited is a holding company. It is in the business of providing advisory services, commodity broking and other related ancillary services.

Aakash Exploration Services Limited

The stock underwent a substantial surge in its stock price, zooming by 5% indicating a strong breakout in both price and volume. The stock achieved an impressive intraday high of Rs 9.45 on the NSE. Incorporated in 2007, Aakash Exploration Services Limited provides services to oil and gas fields. AESL is an ISO 9001 14001 and OHSAS 18001 certified company which provides oil and gas field exploration services.

Nila Spaces Limited

The counter experienced a notable increase in buying interest as the scrip zoomed and hit a 5% upper circuit, reaching an intraday high of Rs 5.25 per share on the NSE. Nila Infrastructures Limited incorporated in 1990, is a flagship unit of the Ahmedabad-based Sambhaav Group. The Company is involved in the construction of affordable housing projects, and the development of various infrastructures. The company has its presence mostly in Gujarat and Rajasthan.

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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