Penny Stocks: Stocks likely to be in focus tomorrow!

Oil & gas, energy and PSU stocks saw heavy selling pressure.

On Thursday, Indian equity markets continued its losing streak. Nifty 50 again closed below 18,000 levels at 17,858.2, down by 0.21 per cent. Oil & gas, energy and PSU stocks saw heavy selling pressure.   

The following penny stocks are likely to be in focus on Friday, January 13, 2023:      

Nila Infrastructures - Heavy buying interest was seen in the stock in today's session as the scrip managed to rally more than 11 per cent, recording an intra-day high of Rs 7.20 per share on NSE. The company is involved in the construction of affordable housing projects and the development of various infrastructures. It has presence mostly in Gujarat and Rajasthan.    

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 development of infrastructure facility, IT enabled BPO services & 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.  

Visesh Infotecnics - Heavy buying interest was witnessed in the counter as the scrip locked at a 10 per cent upper circuit, recording a high of Rs 0.60 per share on NSE. The company is engaged in system integration and networking solutions (including hardware); enterprise software; domain registration & web hosting services; telecommunication; VAS & IT-enabled services.

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