Penny Stocks: Stocks likely to be in focus tomorrow!

Nifty 50 closed in the red territory at 17,616.3, down by 0.26 per cent

On Tuesday, Indian equity markets saw high volatile on account of the Union Budget 2023 announcements. Nifty 50 closed in the red territory at 17,616.3, down by 0.26 per cent. Selling pressure was evident in Mid-Cap and Small-Cap stocks.

The following penny stocks are likely to be in focus on Wednesday, February 1, 2023:   

Goyal Associates - A solid price volume break-out was seen in the counter today. The stock surged more than 7.5 per cent record an intra-day high of Rs 2.24 per share on BSE. The company is engaged in the business of providing micro enterprise loans, SME loans, two-wheeler loans, commercial vehicle loans, agri-based loans

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 0.55 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.

GTL Infrastructure - A price volume break-out was seen in the counter today. The scrip surged more than 10 per cent to record an intra-day high of Rs 1.15 per share on NSE. The company is in the business of providing shared passive telecom infrastructure in India.

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