Knowledge Monk

Today, five penny stocks surged and to 52-week highs. Remember to keep an eye out for them tomorrow!

You have come to the correct place if you are looking for inexpensive or fashionable penny stocks that have recently experienced a rally. The top 5 penny stocks listed on the BSE that surged today to reach a 52-week high are given below. Remember to keep an eye out for them tomorrow. Let’s examine each one individually.

The 1989-incorporated Nakoda Group of Industries finished at Rs. 49.17 today, up 10.4%, after hitting a new 52-week high of Rs. 51.15. This micro-cap business is in the FMCG industry, specializing in the production and distribution of dry and tutty fruits. The business also deals in the trading of pulses and grains.

Sakuma Exports, a Small-Cap business in the trading sector, finished at Rs. 31.99 today, up 12.52 percent, after hitting a new 52-week high of Rs. 32.39. Bulk agricultural commodities like sugar, edible oils, oil seeds, pulses, and cotton are among the company’s specialties. They are also processed, marketed, and exported. It also provides creatively constructed financial instruments that are connected to tangible commodities.

The small-cap FMCG business Galaxy Cloud Kitchens Ltd. closed at Rs. 29.41 today, a 9.99 percent rise, and set a new 52-week high. The company also hit the upper circuit. The company was founded in 1981 and produces a variety of food goods, such as meals, confections, bakery goods, and ready-to-eat dishes. In just one year, the company’s shares have produced an amazing multibagger return of more than 120%.

Today, at Rs. 13.65, Flora Textiles, a micro-cap business in the textile sector, hit a new 52-week high and closed at that level, indicating a 5% increase. The business today rents out its real estate in addition to being a maker and exporter of woven gray fabrics.

Small-cap business Bhudevi Infra Projects, which is in the textile sector, saw a 5% boost today as it finished at Rs. 34.65, a new 52-week high. Established in 1992, the company specializes on building high-end residential projects in Telangana.

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