Penny Stocks: Stocks likely to be in focus tomorrow!

Penny Stocks: Stocks likely to be in focus tomorrow!

Armaan Madhani
/ Categories: Trending, Penny Stocks

On Friday, Indian equity markets were dominated by bears. Nifty 50 and Sensex recorded losses of more than 1.40 per cent each

On Friday, Indian equity markets were dominated by bears. Nifty 50 and Sensex recorded losses of more than 1.40 per cent each. 

The following penny stocks are likely to be in focus on Monday, January 30, 2023:  

Antartica - A solid price volume break-out was seen in the counter on Friday. The stock rallied more than 6 per cent to record a high of Rs 0.85 per share on NSE. The company is into printing business as well as a paper-based packaging & publishing product manufacturer.

GCM Capital Advisors - Only buyers were seen in the counter as the scrip locked at a 5 per cent upper circuit, recording a 52-week high of Rs 9.04 per share on BSE. The company is in the business of financing, trading and investments in equity shares and commercial papers. The company is almost debt free and is trading at close to 0.35 times its book value.

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

Company Name LTP  Gain (%) Volume change times
Superior Finlease 2.3 8.49 2
Goyal Associates 1.47 7.3 4
Galada Power & Telecommunication 1.89 5 2
Dhanada Corporation 2.94 5 2
Karan Woo-sin 4.22 4.98 2
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