Penny Stocks: Stocks likely to be in focus tomorrow!

On Monday, Indian equity markets staged a decent recovery in the second half of the trading session.

On Monday, Indian equity markets staged a decent recovery in the second half of the trading session. Nifty 50 ended at 17,241 in the red territory with losses of 0.43 per cent. Top Losers include Tata Motors, Tata Consumer Products, Hero Motocorp, Asian Paints and ITC. Midcap and Smallcap stocks underperformed broader markets in today's session.

The following penny stocks are likely to be in focus on Tuesday, October 11, 2022:       

Jaiprakash Associates - The counter saw a solid price volume break out for the second consecutive trading session. The scrip rallied more than 19 per cent, to record an intra-day high of Rs 12.05 per share on NSE. The stock has climbed ~40.48 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.  

Janus Corporation - Only buyers were seen in the scrip today. The stock got locked at a 10 per cent upper circuit, recording an intra-day high of Rs 7.61 per share on BSE. The entity has a diversified business company with construction, media, consulting and trading as our primary segments based in Mumbai. 

Symbiox Investment & Trading Co -  Shares of the company locked at a 5 per cent upper circuit, recording an intra-day high of Rs 6.54 per share on BSE. The scrip has rallied 52 per cent in the last one month. 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: