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HomeStocksPenny Stocks To Watch On Monday - February 19, 2024

Penny Stocks To Watch On Monday – February 19, 2024

During today’s session, both the Sensex and Nifty closed on a positive note, with the Sensex Index up 0.52% and the Nifty-50 Index up 0.59%. At the same time, the Nifty Mid-cap Index increased by 0.64%, whereas the Nifty Small-cap Index, finished the session up 0.55%.

Nifty Realty Index and Nifty Auto Index emerged as the winners among the sectors, whereas the Nifty Oil & Gas Index and Nifty PSU Bank Index encountered losses in the sectoral landscape.

At the individual stock level, Wipro, Mahindra & Mahindra, and Adani Ports emerged as prominent gainers, while Power Grid Corporation of India, Britannia India, and Reliance Industries registered losses within the Nifty 50 index.

The following penny stocks are likely to be in focus on Monday, February 19, 2024:

B.A.G Films and Media 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 11.60 per share on the NSE. B.A.G Films and Media Limited produces programs for all genres. It creates a wide range from movies, daily soaps, drama and comedy to OTT for different age groups, formats, media and news and non-news platforms. The company pitched content production to various OTT platforms including MX player, Applause, etc.

Country Club Hospitality & Holidays 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 15.80 on the NSE. Incorporated in 1989, Country Club Hospitality & Holidays Ltd is in the business of the sale of vacation ownership and other related services.

Sarveshwar Foods Limited 

The counter experienced a notable increase in buying interest as the scrip zoomed and hit a 5% upper circuit, reaching an intraday high & fresh 52-week high of Rs 10.70 per share on the NSE. Sarveshwar Foods Limited, incorporated in 2004 in Jammu & Kashmir, is engaged in the manufacturing, trading and export of basmati rice, which is a long grain rice with a fine texture.

Read: Top Profitable FMCG Companies 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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