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HomeStocksPenny Stocks To Watch On Monday - April 08, 2024

Penny Stocks To Watch On Monday – April 08, 2024

During the most recent market session, both the Sensex and Nifty closed on a positive note, with the Sensex Index up 0.03% and the Nifty-50 Index up 0.01%. At the same time, the Nifty Mid-cap Index increased by 0.56%, whereas the Nifty Small-cap Index, finished the session up 0.84%.

Nifty Realty Index and Nifty Private Bank Index emerged as the winners among the sectors, whereas the Nifty Information Technology Index and NSE Media Index encountered loss in the sectoral landscape.

At the individual stock level, Kotak Mahindra Bank, SBI Life and HDFC Life were the top gainers, while UltraTech Cement, Larsen & Toubro and Bajaj Auto were the top losers on the Nifty 50 index.

The following penny stocks are likely to be in focus on Monday, April 08, 2024:

Ansal Properties & Infrastructure Limited

The stock experienced a substantial surge in its stock price, with the stock zooming and getting locked at a 5% upper circuit, indicating a strong breakout in both price and volume. The stock achieved an impressive intraday high of Rs 11.55 per share on the NSE. Ansal Properties and Infrastructure Ltd. is engaged in the business of real estate development in residential, commercial and retail segments. The company has multiple ongoing projects in UP, Punjab, Haryana and Rajasthan involving housing/townships, commercial, retail, industrial parks, etc.

Compuage Infocom 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 5.25 on the NSE. Compuage Infocom Ltd. founded in 1987, is engaged in the business of trading in Computer parts and peripherals, software, and telecom products. Compuage Infocom Ltd acts as a strategic link between vendors and partners, thus readying them for unprecedented levels of business performance by catering to SOHO, SMB, Mid-size, Large Enterprises, and Government Organizations across various industry verticals.

Sab Events & Governance Now Media 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 6.35 per share on the NSE. SAB Events & Governance Now Media Limited is provides online news and information services. SAB Events & Governance Now Media Limited is carrying out the business of Digital Media Websites & MICE. ‘Governance Now’ started its journey as a multi-media initiative for participatory reportage and analyses related to the governance of institutions and processes that are vital to public life in India.


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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