Penny Stocks: Stocks likely to be in focus on Monday!

Nifty50 closed at 17,359.75, up by 1.63 per cent, while both mid-cap index and small-cap index performed positively on broader markets

On Friday, Indian equity markets ended on a positive note. Nifty50 closed at 17,359.75, up by 1.63 per cent, while both Mid-Cap index and Small-Cap index performed positively on broader markets. 

The following penny stocks are likely to be in focus on Monday, April 03, 2023:    

Mittal Life Style- Heavy buying interest was witnessed in the counter as the scrip surged and got locked at 19.88 per cent upper circuit, recording an intraday high of Rs 19.65 per share on NSE. Mittal Lifestyle supplies bottom weight fabrics & denims. 

Prakash Steelage- Heavy buying interest was witnessed in the counter as the scrip surged and got locked at 19.7 per cent upper circuit, recording an intraday high of Rs 3.95 per share on NSE. Prakash Steelage was incorporated in 1996 and is a manufacturer of stainless-steel welded pipes, tubes & u-tubes. 

Ajooni Biotech- A solid price volume break-out was seen at the counter today as the stock rallied more than 19 per cent to record an intraday high of Rs 4 per share. Ajooni Biotech Ltd manufactures cattle feed and feed supplements. 

Following is the list of volume breakout penny stocks that witnessed heavy buying in Friday’s session: