The world of penny stocks can be both thrilling and unpredictable. These stocks, often trading at low prices, can experience significant price movements in a short period. Recently, several penny stocks have shown remarkable gains, surging between 10% and 21% in just a week. Here are nine such stocks that have caught the attention of investors:
1. PVV Infra: This infrastructure company has seen a significant surge of 21% in the past week, with its stock price rising from ₹4.40 to ₹5.35. PVV Infra is involved in the construction of roads, bridges, and other infrastructure projects, which has contributed to its recent growth.
2. Surya Industrial Corporation: This company, which specializes in the manufacturing of industrial machinery, has seen its stock price rise by 20% in the past week. From ₹4.50, the stock price has increased to ₹5.40. Surya Industrial Corporation’s focus on innovative machinery has likely contributed to its growth.
3. Kamdhenu Limited: This company, known for its construction materials, has seen a 19% increase in its stock price. From ₹4.20, the stock price has risen to ₹5.00. Kamdhenu Limited’s strong presence in the construction sector has likely driven its growth.
4. Shree Pushkar Chemicals: This chemical manufacturing company has seen a 17% increase in its stock price. From ₹4.80, the stock price has risen to ₹5.60. Shree Pushkar Chemicals’ focus on high-quality chemicals has likely contributed to its growth.
5. Gujarat NRE Coke: This company, involved in the production of coke, has seen a 16% increase in its stock price. From ₹4.30, the stock price has risen to ₹5.00. Gujarat NRE Coke’s strong presence in the coke industry has likely driven its growth.
6. Sanghvi Forging & Engineering: This company, known for its forging and engineering services, has seen a 15% increase in its stock price. From ₹4.50, the stock price has risen to ₹5.20. Sanghvi Forging & Engineering’s focus on high-quality forging services has likely contributed to its growth.
7. Kalyani Steels: This steel manufacturing company has seen a 14% increase in its stock price. From ₹4.80, the stock price has risen to ₹5.50. Kalyani Steels’ strong presence in the steel industry has likely driven its growth.
8. Surya Roshni: This company, involved in the manufacturing of lighting products, has seen a 13% increase in its stock price. From ₹4.50, the stock price has risen to ₹5.10. Surya Roshni’s focus on high-quality lighting products has likely contributed to its growth.
9. Sangam India: This company, known for its construction materials, has seen a 12% increase in its stock price. From ₹4.20, the stock price has risen to ₹4.75. Sangam India’s strong presence in the construction sector has likely driven its growth.
These penny stocks have shown remarkable growth in a short period, attracting the attention of investors. However, it is essential to remember that penny stocks are inherently risky and can experience significant price fluctuations. Investors should conduct thorough research and consider their risk tolerance before investing in these stocks.
This is not an advice. Do your own research before you buy any stock.