On January 18, 2023, seven penny stocks locked in the upper circuit had a price of less than Rs 10.
These stocks include Hemo Organic, BSEL Infrastructure Realty, Luharuka Media & Infra, Sungold Capital, Mauria Udyog, and Fone4 Communications (India). Details are below:
1. Fone4 Communications, Inc. (India)
On January 18, 2023, the stock’s upper circuit price of Rs. 8.19 per share was reached. Its last trading price was Rs. 8.18. The stock has gained 9.80% so far today. The price of the stock has a 52-week high of Rs. 10 and a low of Rs. 4.55. The company’s market capitalization is 13.95 crore rupees. The stock increased by 32% over the previous week and 21% over the previous three months.
2. Luharuka Media & Infra, 2.
The stock’s last trading price was Rs. 6 per share, representing an intraday gain of 9.89%. The stock reached its high point at Rs. 6.00 per share.
The market capitalization of the company is Rs 56.23 crore. The stock has returned 103% in just 30 days, 146% in three months, and 102% over the past year. It works in the construction industry.
3. Sungold capital:
Sungold Capital, a private equity firm, specializes in funding SMEs across the Asia-Pacific region. The company was founded in 2008 and has its headquarters there. It focuses on investing in companies with sizable growth potential and a clear path to profitability.
Typically, Sungold Capital invests in the industrial, consumer, healthcare, and technology sectors. The company works closely with its portfolio companies to support their growth and development. It has a team of skilled professionals with a thorough understanding of the Asia-Pacific market.
The stock’s all-time high was on January 18 at Rs 2.10. The most recent trading price for the stock was Rs. 2.00 per share. The company has a great market value of Rs. 3.68 crores.
4. Mauria Udyog
An Indian business called Mauria Udyog is focused on producing pipes and industrial valves. The business is headquartered in New Delhi, India, and was established in 1984. It provides a wide variety of products, including ball valves, check valves, gate valves, and globe valves.
Products from the company are used in a variety of sectors, including the oil and gas industry, power generation, water treatment, and chemical processing.
Mauria Udyog is also very well known for its high-quality products and commitment to customer satisfaction. Engineers and technicians with the company work closely with customers to fully understand their needs and provide customized solutions.
It regularly makes investments in new technologies and processes, putting a big emphasis on research and development in the process, to improve its goods and services.
The business has grown internationally and is now present in many nations.
Several different international certification bodies, including the American Petroleum Institute (API), the German Institute of Standardization (DIN), and the Indian Boiler Regulation (IBR), have given Mauria Udyog their seal of approval for ISO 9001:2015 certification.
The stock reached its upper circuit today at its last trading price of Rs 5.47 per share. The increase within one day was 4.91%. It is worth Rs. 72.86 billion in the market.
The stock of the gas and petroleum industry has gained 61% in the most recent month, 24% in the most recent quarter, and 37% in the most recent year.
5. BSEL Infrastructure Realty
The development of residential and commercial properties is the area of expertise for the Indian firm BSEL Infrastructure Realty.
The business is headquartered in Mumbai, India, and was established in 2007. It places a lot of emphasis on creating high-quality, environmentally friendly, and beautifully designed homes that cater to the demands of contemporary urban living.
The business is a member of the National Real Estate Development Council (NAREDCO) and the Maharashtra Chamber of Housing Industry (MCHI), and its projects have received certification from the Leadership in Energy and Environmental Design (LEED) and Indian Green Building Council (IGBC) organizations (LEED).
Infrastructure BSEL Realty The stock’s last trading price was Rs. 5.51 per share, representing an intraday gain of 4.95%.
At the price it last traded for, it reached the upper circuit. The market capitalization of the company is Rs 45.52 crore.
6. Regency Fincorp Limited
Financial services provided by an Indian NBFC called Regency Fincorp Limited include loans against property, business loans, personal loans, and gold loans. The company was started in 2007 and has its headquarters in Mumbai, India.
A variety of loans and different products are available from Regency Fincorp Limited, all of which are catered to the unique requirements of their clients.
The business has a group of experts who collaborate closely with clients to evaluate and comprehend their needs and provide tailored solutions.
It is renowned for having an open and flexible term loan application process and placing a high value on customer belief and satisfaction.
The company has a wide variety of networks and branches across India, and it has a strong presence in the western and southern regions of the country.
Regency Fincorp Limited is committed to responsible lending and follows all of the regulations and guidelines set by the Reserve Bank of India (RBI).
During the day, the stock rose 4.95% to reach Rs 7.64%, its upper circuit. It has a market capitalization of 8.16 crore rupees. In the past year, it has returned as much as 30%. In comparison to the previous week, month, and three years, it increased by 11%, 7%, and 12% respectively. In the financial services industry, it works well.
7. Hemo organic:
The stock’s last trading price was Rs 9.75 per share, representing an intraday gain of 4.95%.
It increased today by 4.95% intraday. The market capitalization of the company is Rs 3.38 crore. The stock of the Chemicals sector increased 27% over the past week, declined 20% over the past month, and increased 50% over the past 30 months.
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