Penny Stocks: Stocks likely to be in focus tomorrow!

Nifty50 closed at 17,412.90, down by 1 per cent, while both mid-cap index and small-cap index closed performed negatively on broader markets

On Friday, Indian equity markets ended on a positive note. Nifty50 closed at 17,412.90, down by 1 per cent, while both Mid-Cap index and Small-Cap index closed performed negatively on broader markets.

The following penny stocks are likely to be in focus on Monday, March 13, 2023:   

Nila Spaces- Heavy buying interest was witnessed in the counter as the scrip surged 9.62 per cent, recording an intraday high of Rs 2.85 per share on NSE. The company is involved in the construction as well as the development of infrastructures projects for sale and to provide end to end services in the real estate industry.

Visesh Infotecnics- A solid price volume break-out was seen at the counter today as the stock zoomed 11.11 per cent to make an intra-day high of Rs 0.50 per share on NSE. The company is engaged in system integration and networking solutions, enterprise software; domain registration & web hosting services; telecommunication; VAS & IT-enabled services.

Jonjua Overseas- A solid price volume break-out was seen at the counter today as the stock rallied and got locked at 20 per cent upper circuit to record an intraday high of Rs 11.99 per share. Jonjua Overseas is engaged in the business of service export, printing of books.

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