6 Penny Stocks That Locked In Upper Circuit On March 16, 2023

BSE Sensex gained 224 points in morning trade to 57,780.32 while NSE Nifty jumped 40 points to 17,004 at 11:19 am. Meanwhile, 6 penny stocks hit upper circuits in trade on Thursdays. These stocks are J Taparia Projects, Sharpline Broadcast, Trans India House Impex, Reliance Capital, Prime Industries, and Mid India Industries. Some of these stocks gave massive return of over 1000% in last few years. Check details about these stocks below:

1. J Taparia Projects: Last trading price of J Taparia Projects is Rs 8.42 apiece on BSE and it hit upper circuit at this price with intraday rally of 4.99%. The stock gave 27% return in just 1-week, 37% return in last 6-months, and 33% return in last 1-year. It operates in Services sector and has a market capitalisation of Rs 13.64 crore.

2. Sharpline Broadcast: The stock hit upper circuit in trade on Thursday with last trading price at Rs 6.74 apiece. It gained 4.98% in trade today. Market capitalisation of the stock is Rs 7.75 crore. It gave 27% return in last 1-week, fell 31% in last 3-months.

3. Trans India House Impex: Last trading price of Trans India House Impex is Rs 8.43 apiece and it hit upper circuit at this price. It gained 4.98% intraday. The company's market capitalisation is Rs 14.25 crore. The stock operating in Miscellaneous sector rallied 113% in last 1-year and 33% in last 6-months.

4. Reliance Capital: The stock locked in upper circuit at Rs 9.49 apiece on March 16 with intraday gain of 3.98%. Its last trading price is Rs 9.40 apiece. The company has a market capitalisation of Rs 237.55 crore. It rallied 87% in last 3-years and fell 41% in last 1-year.

5. Prime Industries: The Agro Processing Sector stock gave 1082% return in last 3-years, 13% return in last 1-year, and 59% return in just last 1-month. It soared 1224% in last 5-years. The last trading price of Prime Industries is Rs 8.28 apiece with intraday gain of 4.94%. Its market capitalisation is Rs 12.96 crore.

6. Mid India Industries: The last trading price of Mid India Industries is Rs 8.16 apiece with intraday surge of 4.88%. It hit upper circuit in trade today with market capitalisation of Rs 13.30 crore. The textile sector stock rallied 54% in last 1-year and fell 48% in last 6-months. In 1-week, it soared 27%.

Disclaimer: The stock hit upper circuit in trade today. Greynium Information Technologies and the author are not liable for any losses caused as a result of decisions based on the article. Goodreturns.in advises users to check with certified experts before taking any investment decision.