Wednesday, February 21, 2024
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HomeStocksPenny Stocks To Watch On Tuesday - February 13, 2024

Penny Stocks To Watch On Tuesday – February 13, 2024

During the most recent market session, both the Sensex and Nifty closed on a positive note, with the Sensex Index down 0.73% and the Nifty-50 Index down 0.76%. While the Nifty Mid-cap Index decreased by 2.48%, whereas the Nifty Small-cap Index, finished the session down 4.01%.

Nifty IT Index and Nifty Pharma Index emerged as the winners among the sectors, whereas the Nifty Media Index and NSE PSU Bank Index encountered losses in the sectoral landscape.

At the individual stock level, Dr Reddy’s Laboratory, Apollo Hospitals, and Divi’s Laboratories merged as prominent gainers, while Coal India, Hero Motocorp, and Bharat Petroleum Corporation registered losses within the Nifty 50 index.

The following penny stocks are likely to be in focus on Tuesday, February 13, 2024:

Jet Freight Logistics Limited

The stock experienced a substantial surge in its stock price, with the stock zooming and getting locked at a 10% upper circuit, indicating a strong breakout in both price and volume. The stock achieved an impressive intraday high of Rs 15.55 per share on the NSE. Jet Freight Logistics Ltd. engages in the provision of freight forwarding services for various types of cargo.

Nila Infrastructure 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 14.05 on the NSE. Nila Infrastructures Ltd. is a holding company, which engages in the construction and development of infrastructure projects.

Read:- Best Infrastructure Companies in India

Supreme Engineering 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 1.25 per share on the NSE. Supreme Engineering Ltd. engages in the manufacturing of steel products and heavy engineering activities.

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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