When Sensex gained by more than 1,500 points, these penny stocks gained the most
DSIJ IntelligenceCategories: DSIJ News, Trending
In the domestic stock markets, Sensex has witnessed a strong rally, gaining by more than 1,500 points in the last week. The index is up by around 4.36 per cent or 1,726 points since the beginning of November 2020.
In the domestic stock markets, Sensex has witnessed a strong rally, gaining by more than 1,500 points in the last week. The index is up by around 4.36 per cent or 1,726 points since the beginning of November 2020.
This boosted gains in selective penny stocks. While investors need to be more careful at the time of investing in penny stocks; currently, the pending US election results & earnings season are creating a greater impact on the movement of penny stocks.
Following is a list of some of the penny stocks that gained during the recent Sensex rally:
| Company Name | Sector | *Returns (per cent) | LTP (Rs) |
| Oil Country Tubular Ltd | Iron & Steel | 26.8 | 6 |
| Titaanium Ten Enterprise Ltd | Textile | 22.16 | 12.05 |
| AI Champdany Industries Ltd | Textile | 21.46 | 9.27 |
| Country Condo’s Ltd | Realty | 21.14 | 4.03 |
| Raj Oil Mills Ltd | Agri | 21.05 | 9.9 |
| Shree Nidhi Trading Co Ltd | Finance | 20.3 | 2.48 |
| Ashiana Agro Industries Ltd | Trading | 19.66 | 1.47 |
| Jyoti Structures Ltd | Infrastructure | 19.14 | 4.05 |
| Facor Alloys Ltd | Ferro Manganese | 18.03 | 1.39 |
| Ducon Infratechnologies Ltd | Consumer Durables | 17.87 | 4.86 |
| Tilak Ventures Ltd | Finance | 16.89 | 3.63 |
| *Returns calculated from October 30, 2020, to date. | |||