In the week ending May 23, the benchmark Sensex fell by approximately 0.74%. However, despite the overall market downturn, seven penny stocks posted weekly gains ranging from 10% to 30%. These stocks were selected based on specific criteria: a market capitalization below Rs 1,000 crore, a share price under Rs 20, and a minimum latest trading volume of 5 lakh shares, according to the latest available data. (Data Source: ACE Equity)
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As the second-quarter earnings season nears its end, results have mostly met muted expectations. Speaking to ET Now, Harsha Upadhyaya,...
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