Penny Stocks: Stocks likely to be in focus today!

Penny Stocks: Stocks likely to be in focus today!

Armaan Madhani
/ Categories: Trending, Penny Stocks

BSE Mid-cap and Small-cap indices closed in the red territory with losses of ~0.17 per cent each, yesterday.

Yesterday, Sensex closed at 59,141.23, up by 0.51 per cent. BSE Mid-cap and Small-cap indices ended in the red territory with losses of ~0.17 per cent each.

The following penny stocks are likely to be in focus on Tuesday, September 20, 2022:      

7NR Retail – Only buyers were seen in this scrip today. The stock got locked at a 10 per cent upper circuit, recording an intraday high of Rs 2.06 per share on BSE. The company’s shares have gained 28.75 per cent in the last one month. It is engaged in wholesaling and retailing of readymade garments.  

Srestha Finvest – The shares of the company got locked at a 20 per cent upper circuit of Rs 1.62 per share on BSE. The counter has witnessed a strong price volume breakout today. The company’s board of directors, at its recent meeting held on September 16 (Friday), has considered & approved the issue and allotment of fully-convertible warrants worth Rs 50 crore in order to augment its long-term financial resources. The same is subject to shareholders' approval and other statutory approvals.  

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

Penny Stocks LTP Gain (%) Volume Change (times)
Srestha Finvest  1.62 20 5.72
Vision Corporation 2.05 17.14 2.01
Ridings Consulting Engineers India 6.14 19.92 4
GCM Commodity & Derivatives  4.45 17.11 2

Keep a close eye on these counters for the upcoming sessions!   

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