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These 6 Penny Stocks Are Already Up 40 Percent In 2021

These 6 penny stocks are already up 40 percent in 2021 Indian equities have been trading higher this year. In 2021 so far, the benchmark index, BSE Sensex, has surged over 6 percent. During this rally, along with the bluechip, there are many low-priced stocks that have also witnessed good gains. Heres a look at 6 low-priced stocks that have gained over 40 percent this year so far. February 07, 2021 / 07:57 AM IST Indian equities were trading on a higher note. In 2021 so far, the benchmark index, BSE Sensex, has surged over 6 percent. During this rally, along with the bluechip, there are many low-priced stocks that have also witnessed good gains. At least six low-priced stocks have gained over 40 percent in 2021 so far. While analysing, we considered stocks that were trading below Rs 25 and had a market cap of over Rs 500 crore 0n December  31, 2020. (Data Source: ACE Equity).

Hindustan Composites Ltd leads gainers in B group

Commercial Syn Bags Ltd, Autolite (India) Ltd, Agarwal Industrial Corporation Ltd and Centrum Capital Ltd are among the other gainers in the BSE s B group today, 12 January 2021. Commercial Syn Bags Ltd, Autolite (India) Ltd, Agarwal Industrial Corporation Ltd and Centrum Capital Ltd are among the other gainers in the BSE s B group today, 12 January 2021. Hindustan Composites Ltd surged 20.00% to Rs 352.25 at 12:01 IST. The stock was the biggest gainer in the BSE s B group. On the BSE, 56389 shares were traded on the counter so far as against the average daily volumes of 3787 shares in the past one month. Commercial Syn Bags Ltd soared 19.99% to Rs 98.75. The stock was the second biggest gainer in B group. On the BSE, 1.18 lakh shares were traded on the counter so far as against the average daily volumes of 16373 shares in the past one month.

Centrum Capital Ltd arm to acquire 64 40% stake in Cent Bank Home Finance Ltd

Centrum Capital Ltd arm to acquire 64.40% stake in Cent Bank Home Finance Ltd Posted On: 2020-12-24 09:01:28 (Time Zone: Arizona, USA) Centrum Housing Finance Limited, a subsidiary of Centrum Capital limited has entered into a Share Purchase Agreement with Central Bank of India ( CBoI ) for acquisition of CBoI s entire equity stake in Cent Bank Home Finance Limited ( CBHFL ) constituting 64.40% (sixty four point fourty percent) of the share capital of CBHFL on a fully diluted basis, subject to the receipt of regulatory approvals first being obtained and compliance of applicable law. Cent Bank Home Finance Limited is a deposit-taking Housing Finance and Mortgage Company jointly promoted by four Public Sector Institutions, viz. Central Bank of India, National Housing Bank, Specified Undertaking of Unit Trust of India and Housing and Urban Development Corporation.

Financials shares fall

Financials stocks were trading in the negative zone, with the S&P BSE Finance index falling 79.9 points or 1.15% at 6891.64 at 13:48 IST. Among the components of the S&P BSE Finance index, Dewan Housing Finance Corporation Ltd (down 4.99%), Reliance Capital Ltd (down 4.93%),AU Small Finance Bank Ltd (down 4.65%),Dolat Investments Ltd (down 4.28%),Centrum Capital Ltd (down 4.25%), were the top losers. Among the other losers were RBL Bank Ltd (down 3.76%), Central Bank of India (down 3.72%), IFCI Ltd (down 3.2%), IndusInd Bank Ltd (down 3.15%), and Union Bank of India (down 2.97%). On the other hand, JSW Holdings Ltd (up 3.87%), Cholamandalam Financial Holdings Ltd (up 1.11%), and Paisalo Digital Ltd (up 0.88%) moved up.

LMC bond listed on BSE

December 14, 2020 Lucknow Municipal Corporation (LMC) has become first in North India to have its bond listed on the Bombay Stock Exchange (BSE) in the presence of Uttar Pradesh Chief Minister Yogi Adityanath early this month. The response was overwhelming with subscription of over 200 crores within no time. UP achieved second rank in Ease of Doing Business motivating the Industrial Houses to avail the benefit of investment friendly liberal policies and rapidly developed infrastructural facilities. “The listing of 200 crores Municipal Bond is a step ahead for UP on the path of ‘self-reliance’. “Uttar Pradesh will play a pivotal role in fulfilling the commitment of Prime Minister of Atmanirbhar Bharat”, CM Yogi Adityanath asserted in a ringing bell ceremony in the Heritage Hall BSE and described the listing of the bond as ‘the starting of a new era’ in the history of the state.

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