Penny Stocks: Stocks likely to be in focus tomorrow!

Mid-cap and small-cap indices saw buying, but relatively underperformed broader markets

On Tuesday, bulls made a comeback on Indian equity markets. Nifty 50 recorded gains of 0.60 per cent to close at levels of 18,608. Mid-Cap and Small-Cap indices saw buying, but relatively underperformed broader markets.              

The following penny stocks are likely to be in focus on Wednesday, December 14, 2022: 

Siti Networks - 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 2.10 per share on NSE. The company is a wired broadband service provider, it is engaged in the distribution of television channels through a digital cable distribution network and allied services.

Gyscoal Alloys - 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 3.80 per share on NSE. The company is engaged in the business of manufacturing stainless steel and mild steel long products from scrap.

Landmark Property Development - Heavy buying interest was seen in the scrip today. The stock rallied more than 13 per cent. It is engaged in the business of real estate development and provides advisory and consultancy services. 

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