Penny stocks: Stocks likely to be in focus tomorrow!

Mid-cap stocks outperformed broader markets. Capital goods and PSU stocks were among the top gainers.

On Tuesday, Indian equity markets closed the session with decent gains. Nifty 50 climbed 1.01 per cent to end at 17,486.9. Mid-Cap stocks outperformed broader markets. Capital goods and PSU stocks were among the Top Gainers.

The following penny stocks are likely to be in focus on Wednesday, October 19, 2022:   

Jaiprakash Associates - 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 10.45 per share on NSE. It is a flagship company of Jaypee Group and is engaged in engineering & construction, cement, real estate, and hospitality businesses.     

Picturehouse Media – The shares of the company locked at a 5 per cent upper circuit, recording a fresh 52-week high of Rs 9.17 per share on BSE. The stock has hit back-to-back upper circuits over the last few trading sessions. Incorporated in 2000, the company is engaged in the business of movie production, financing, and related activities.  

Visesh Infotecnics - A strong price volume breakout was witnessed in this counter today. The stock hit an upper price band of Rs 0.60 per share on NSE. The company is engaged in system integration and networking solutions (including hardware), enterprise software, domain registration, web hosting services, etc.   

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