Penny Stocks: Stocks likely to be in focus tomorrow!

Keep a close eye on the following penny stocks in Monday's session

The following penny stocks are likely to be in focus on Monday, October 10, 2022: 

Jaiprakash Associates - The counter saw a solid price volume break out during Friday’s trading session. The scrip rallied more than 15 per cent, to record an intra-day high of Rs 10.75 per share on NSE. The stock has climbed ~30 per cent over the last five trading sessions. The company is a Noida-based construction company mainly engaged in the business of engineering & construction, manufacturing of cement, power, real estate development, etc.  

RattanIndia Power - Only buyers were seen in the scrip on Friday. The stock got locked at a 5 per cent upper circuit, recording an intra-day high of Rs 4.60 per share on NSE. The stock has gained 8.24 per cent over the last five trading sessions and currently trades at a PE of 6.30. The company is one of India’s largest private power generation companies, with installed capacity of 2,700 MW thermal power plants at Amravati and Nashik (1,350 MW at each location) in Maharashtra, India. 

Tilak Ventures – On Friday, shares of the company locked at a 5 per cent upper circuit, recording an intra-day high of Rs 4.85 per share on BSE. The scrip has witnessed back-to-back upper circuits over the last two trading sessions.  The company is engaged in commodity trading and finance. The entity is debt-free.