Penny Stocks: Stocks likely to be in focus tomorrow!

Nifty climbed 0.78 per cent to end the session at 17,320.55. Top gainers of the index comprise SBI, Bajaj Finserv, Axis Bank, NTPC and ICICI Bank

On Monday, Indian equity markets saw healthy buying after opening on a flat note. Nifty climbed 0.78 per cent to end the session at 17,320.55. Top Gainers of the index comprise SBI, Bajaj Finserv, Axis Bank, NTPC and ICICI Bank.   

The following penny stocks are likely to be in focus on Tuesday, October 18, 2022:     

Suzlon Energy - A solid price volume break-out was seen in the counter today. The scrip surged more than 11 per cent to record an intra-day high of Rs 7.50 per share on NSE. Incorporated in 1995, the company is an integrated manufacturer and solutions provider for generation of wind power.  

B. C. Power Controls - Only buyers were seen in the scrip today. The stock got locked at a 20 per cent upper circuit, recording an intra-day high of Rs 5.60 per share on NSE. The company is engaged in the manufacturing and trading of electric items which include ferrous and non-ferrous metal items like wires & cables. 

Symbiox Investment & Trading Co – Shares of the company locked at a 5 per cent upper circuit, recording a fresh 52-week high of Rs 8.30 per share on BSE. The scrip has rallied 33.44 per cent in the last five trading sessions. The company is mainly into trading in investments & textiles. It has a wide variety of sarees from plain-to-be to cater to the growing industry and offer its products to all age groups.  

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