Penny Stocks: Stocks likely to be in focus tomorrow!

Metal and energy stocks were buzzing on the bourses with buying interest.

On Wednesday, Indian equity markets broke its 2-day gaining streak close on a flat note. Nifty 50 and Sensex ended in the red territory with losses of ~0.31 per cent each. Metal and energy stocks were buzzing on the bourses with buying interest.

The following penny stocks are likely to be in focus on Thursday, January 19, 2023:   

Trescon - Only buyers were seen in the counter as the scrip locked at a 10 per cent upper circuit, recording an intra-day high of Rs 14.26 per share on BSE. The stock has gained more than 30 per cent in the last 3 trading sessions. The company is engaged in providing services in the areas of construction and real estate and allied operations on its own or joint ventures with others. 

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.