Penny Stocks: Stocks likely to be in focus tomorrow!

On Monday, Indian equity markets saw positive developments.

On Monday, Indian equity markets saw positive developments. Nifty 50 closed with gains of 0.76 per cent at levels of 18,420.4. Mid-Cap and Small-Cap indices ended in the green territory but underperformed broader markets. 

The following penny stocks are likely to be in focus on Tuesday, December 20, 2022:   

Pil Italica Lifestyle -A solid price volume break-out was seen in the counter today. The scrip surged more than 11 per cent to record a high of Rs 9.25 per share on an intra-day basis. The stock currently trades at at PE of 82.The company is a producer of plastic moulded furniture and is engaged in manufacturing of chairs, tables, crates, bins etc.

Orient Green Power Company - Heavy buying interest was seen in the counter in today's session as the scrip locked at 20 per cent upper price band to record an intra-day high of Rs 13.25 per share on NSE. The stock has soared more than 35 per cent in the last five trading sessions. The company is an independent producer of renewable power, it is engaged in developing, owning and operating a diversified portfolio of wind energy power plants.  

Sical Logistics - 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 8.90 per share on NSE. The company is into port handling, road and rail transport, warehousing, shipping, retail logistics, mining and integrated logistics.      

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