Penny Stocks: Stocks likely to be in focus tomorrow!
Mid-cap and small-cap stocks outperformed broader markets
On Monday, domestic equity markets kicked off week on a flat note. Nifty 50 closed at levels of 18,497.15. Top Gainers of the day include BPCL, Coal India, Apollo Hospital, Nestle and UPL. Mid-Cap and Small-Cap stocks outperformed broader markets.
The following penny stocks are likely to be in focus on Tuesday, December 13, 2022:
Suzlon Energy - A solid price volume break-out was seen in the counter today. The scrip surged more than 10 per cent to record an intra-day high of Rs 10.30 per share on NSE. Incorporated in 1995, the company is an integrated manufacturer and solutions provider for generation of wind power.
Jaiprakash Associates - The company's board approved divestment of cement capacity of 9.4 MnTPA, along with clinker capacity of 6.7 MnTPA and thermal power plants of of 280 MW, to Dalmia Cement (Bharat) Ltd for an value of Rs 5,666 crore. Shares of the company froze at an upper price band of Rs 11.75 per share on NSE.
Vaxtex Cotfab - 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 6.60 per share on NSE. The company is engaged in the processing (dyeing and finishing) of grey fabrics for shirting, suiting and other accessories and also does outsourcing for other fabric and garment companies.
Following is the list of volume breakout penny stocks that witnessed heavy buying in today’s session:
| Penny Stocks |
LTP |
Price Change (%) |
Volume Change (Times) |
| Darshan Orna |
4.55 |
12.62 |
4 |
| Jaiprakash Power |
8.3 |
10.67 |
4 |
| Superior Finlease |
2.27 |
6.57 |
4 |
| Suncare Traders |
1.18 |
5.36 |
2 |
| GANGOTRI |
1 |
5.26 |
4 |