Penny Stocks: Stocks likely to be in focus tomorrow!

On Friday, Indian equity markets closed with positive developments. Metal, IT and Power stocks were buzzing on bourses.

The following penny stocks are likely to be in focus on Monday, January 16, 2023:

Kanani Industries -Heavy buying interest was seen in the stock in Friday's session as the scrip managed to rally more than 13 per cent, recording an intra-day high of Rs 10.05 per share on NSE. Incorporated in 1983, Kanani Industries is engaged in the business of manufacture & export of diamond studded jewelry such as rings, necklaces, earrings, bracelets, pendants, etc.

Sundaram Multi Pap - Shares of the company froze at an upper price band of Rs 2.85, per share on NSE on Friday. Incorporated in 1995, the company is in the business of school & office stationery as well as e-learning.

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 pershare 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 Friday’s session: