Penny Stocks: Stocks likely to be in focus tomorrow!

On Tuesday, Indian equity markets closed on a weak note.

On Tuesday, Indian equity markets closed on a weak note. Nifty 50 slipped 0.31 per cent to end the volatile session at 18,642.7. Mid-Cap and Small-Cap stocks also saw selling pressure. 

The following penny stocks are likely to be in focus on Wednesday, December 7, 2022:   

Tijaria Polypipes - 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 5.75 per share on NSE. The company produces a huge range of products starting from the pipelines to all the extensive accessories aiding their products. 

Kanani Industries - Shares of the company froze at an upper price band of Rs 9.95, per share on NSE. The scrip was locked at an upper circuit yesterday as well. The company is engaged in the business of manufacture & export of diamond studded jewelry. 

Sadbhav Infrastructure Projects - A heavy price volume breakout was seen in the counter in today's session. The stock surged 9.45 per cent to close at Rs 6.95 per share. The scrip's 52-week high stands at Rs 16.20. The company is engaged in development, construction as well as operation & maintenance of infrastructure projects and related consulting and advisory services, through special purpose vehicles (SPVs).  

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