Penny Stocks: Stocks likely to be in focus tomorrow!

Mid-cap and Small-cap stocks outperformed broader markets by recording lower losses

On Wednesday, Indian equity markets closed on a weak note with losses. Nifty 50 and Sensex slipped 0.90 per cent each to close at 16,858 and 56,598, respectively. Mid-Cap and Small-Cap stocks outperformed broader markets by recording lower losses. 

The following penny stocks are likely to be in focus on Thursday, September 29, 2022:   

Kamanwala Housing Construction - Shares of the company locked at a 10 per cent upper circuit, recording a fresh intra-high of Rs 9.07 per share on BSE. The company is engaged in real estate development business including construction of residential and commercial buildings and related activities. 

Oil Country Tubular - Only buyers were seen in the scrip today. The stock locked at a 5 per cent upper circuit, recording a fresh 52-week high of Rs. 15.30 per share on NSE. The company has a market cap of Rs. 68.5 crore. Incorporated in 1985, the company is engaged in the manufacturing of casing, tubing and drill pipes which are used in the drilling and exploration of oil and gas.

Symbiox Investment & Trading Co - Shares of the company locked at a 5 per cent upper circuit, recording a new 52-week high of Rs 7.65 per share on BSE. The stock has hit back to the upper circuit over the last two weeks. The scrip has rallied 21.24 per cent in the last five trading sessions. The company is engaged in the business of investment, like loans & advance and investments.

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

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