These penny stocks continued their trend of hitting back-to-back upper circuits despite a weak market!

DSIJ Intelligence-11 / 21 Dec 2022/ Categories: Multibaggers, Trending

These penny stocks continued their trend of hitting back-to-back upper circuits despite a weak market!

Here is a list of penny stocks with a series of upper circuits that have pleased investors!

The majority of sectors suffered severe losses, which significantly contributed to more than 1 per cent decline in Indian headline indices. Except for BSE Healthcare, which surprised investors with gains of over 2 per cent in such a weak market, almost all sectors ended the session down.  

Shares of Thyrocare Technologies, IOL Chemicals & Pharmaceuticals and Vijaya Diagnostic Center soared over 10 per cent with a notable rise in volume, making them the Top Gainers from the healthcare pack.  

Shares of healthcare and pharmaceutical companies climbed today as Covid outbreak worries returned. A meeting on the Covid-19 situation is being conducted by the Union Health Ministry in response to reports of an increase in Covid-19 cases in China, Japan, the United States of America and Brazil.  

Utilities, power and telecommunication stocks took the brunt of the damage, with five sectoral indices tumbling more than 2 per cent and experiencing intense selling pressure.  

Some stocks continued their trend of hitting back-to-back upper circuits despite the deteriorating situation. Here is a list of Penny Stocks with a series of upper circuits that have pleased investors:

Stock Name LTP (Rs) 5 Day Returns (%)
Pasari Spinning Mills 6.97 25.59
Croissance Ltd 7.86 21.3
Virgo Global Ltd 4.48 21.08
Gayatri Sugars 4.51 20.59
Adcon Capital Services 2.15 20.11
Jai Mata Glass  0.8 17.65
Pro Fin Capital Services 1.61 17.52
Excel Realty N Infra 0.54 17.39
India Lease Development  6.86 13.39
Alstone Textiles 2 11.11