Penny Stocks: Stocks likely to be in focus tomorrow!

Mid-cap and small-cap stocks bucked the bearish broader market trend and recorded decent gains on Friday.

On Friday, Indian equity markets closed on a weak note. Nifty 50 ended in the red territory at 18,696.1 down by 0.62 per cent. Mid-Cap and Small-Cap stocks bucked the bearish broader market trend and recorded decent gains. Buying interest was witnessed in realty and metal stocks.   

The following penny stocks are likely to be in focus on Monday, December 5, 2022:   

Country Condo's - 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 4.90 per share on NSE. The company is primarily engaged only in the business of the sale of plots under real estate segment in India.

Excel Realty N Infra - Shares of the company froze at an upper price band of Rs 0.55, per share on NSE. The scrip has locked at back-to-back upper circuits in the last few trading sessions. Incorporated in 2003, the company is engaged in the development of infrastructure facility, IT-enabled BPO services and general trading activities. With IT stocks heavily underperforming broader markets today, this IT stock witnessed strong buyer interest. The company is debt free and is trading at close to 0.2 times its book value.

KBC Global - Shares of the company froze at an upper price band of Rs 7.30, per share on NSE. The scrip has locked at back-to-back upper circuits in the last few trading sessions. The company is engaged in the business of residential and commercial real estate development and the development of construction contracts.

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