5 Penny Stocks That Locked In Upper Circuit Today

Penny stocks have quite low market capitalisation and they are generally listed on a smaller exchange. These stocks may have prices below Rs 10. Today 5 penny stocks were locked in upper circuit. Upper circuit can be described as the maximum level beyond which the stock's price cannot surge in a day. Stocks that investors desire to buy but hardly anyone is selling may hit the upper circuit. Here are the stocks:

Name of company	Upper Circuit Limit
Croissance Ltd	9.95%
IL&FS Transportation Networks	4.98%
Pankaj Polymers	4.95%
Minolta Finance	4.98%
Richa Industries	5%

1. Croissance Ltd

The current market price of the stock is Rs 6.63 apiece with an intraday gain of 9.95%. The stock touched upper circuit at Rs 6.63. It operates in Construction sector It has jumped 26% in 1-week and 31% in 1-month. It has a market capitalisation of 45 crores.

2. IL&FS Transportation Networks

The last trading price of the stock is Rs 4.22 apiece with a market capitalisation of Rs 138 crore. The stock locked in upper circuit today at 4.22 today. It gained 4.94% intraday. It has jumped 84% in last 3-years and 16% in last 1-year. It has declined 94% in last 5-years. The small cap company operates in Infrastructure sector and incorporated in 2000.

3. Pankaj Polymers

The stock gained 4.95% intraday and the last trading price is Rs 7.85 apiece. The stock locked in upper circuit at Rs 7.85 today. The company has a market capitalisation of Rs 4.35 crore. The stock has gained 10% in 1-week, 14% in 1-month, and 67% in last 3-months. It operates in Packaging industry.

4. Minolta Finance

The stock gained 4.98% intraday and hit upper circuit at Rs 6.95. The last trading price of the stock is Rs 6.95 apiece. Its 52-week high is 6.95 and 52-week low is 2.09. It has a market capitalisation of Rs 6.95 crore. It has jumped 27% in 1-week, 67% in last 1-month, and 85% in last 3-months. It has given returns of 204% in 1-year and 515% in last 3-years. It operates in Financial Services sector.

5. Richa Industries

The last trading price of the stock is Rs 1.92 apiece. The stock declined 4% intraday. It touched upper circuit today at 2.10. The company has a market capitalisation of Rs 4.50 crore. It has given maximum return of 113% in last 3-years. The stock has declined 10% in 1-week, 14% in 1-month, and 9% in 3-months. The small cap company operates in Textiles sector.