5 Penny Stocks That Hit Upper Circuit On July 14, 2023

5 penny stocks hit the upper circuit limit in trade on July 14, 2023 as BSE Sensex ended the week with the gain of 502.01 points to 66,060 and NSE Nifty jumped 150 points to 19,564 on Friday. These penny stocks are Rathi Steel & Power Limited, Minolta Finance Limited, Mipco Seamless Rings Gujarat Limited, Veeram Securities Limited, and Gayatri Projects Limited. Check details about these penny stocks below:

1. Rathi Steel & Power Limited: Last trading price is Rs 5.10 per share with the gain of 4.94%. The stock has been hitting back to back upper circuits and trading new 52-week high since July 10, 2023. In last 1-week only, Rathi Steel & Power shares gained 28% and offered 143% return in last 3-years.

2. Minolta Finance Limited: The stock hit upper circuit in trade on Friday. Last trading price on BSE is Rs 8.72 per share with the intraday gain of 4.93%. In last 1-year only, Minolta Finance shares offered return of 167%, 597% return in last 2-years, and gave return of 2080% in last 5-years.

3. Mipco Seamless Rings Gujarat Limited: Last trading price of Mipco Seamless Rings share is Rs 9.79 per share on BSE with the intraday rally of 4.93%. Mipco Seamless Rings shares gave return of 57% in last 1-year. The stock hit upper circuit on July 14.

4. Veeram Securities Limited: The stock's last trading price is Rs 9.47 per share as it gained 4.64% during the day. The stock declined 34% YTD and fell 52% in last 1-year. In last 2-years, Veeram Securities shares soared 57%.

5. Gayatri Projects Limited: The stock's last trading price is Rs 6.62 per share with intraday gain of 4.91% after it hit upper circuit on July 14, 2023. Gayatri Projects shares offered return of 13% in last 2-weeks and 8% in last 1-month. It fell 56% in last 1-year and declined 83% in last 2-years.

Disclaimer: The penny stocks hit upper circuit on July 14. 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.