Penny Stocks: Stocks likely to be in focus tomorrow!

Nifty50 closed at 18,089.85, while both mid-cap index and small-cap index performed positively on broader markets

On Wednesday, Indian equity markets ended on a negative note. Nifty50 closed at 18,089.85, while both Mid-Cap index and Small-Cap index performed positively on broader markets.   

The following penny stocks are likely to be in focus on Thursday, May 04, 2023:     

 
MIC Electronics- Heavy buying interest was witnessed in the counter as the scrip surged 9.84 per cent upper circuit, recording an intraday high of Rs 13.95 per share on NSE. MIC Electronics is a global leader in the design, development & manufacturing of LED video displays, high-end electronic and telecommunication equipment and development of telecom software since 1988.  

IFCI Ltd- Heavy buying interest was witnessed in the counter as the scrip surged more than 11 per cent, recording an intraday high of Rs 12.80 per share on NSE. IFCI is an Indian Government owned NBFC established to cater to the long-term finance needs of the industrial sector.  

Ballarpur Industries - A solid price volume break-out was seen at the counter today as the stock rallied 7.69 per cent to record an intraday high of Rs 0.70 per share. Ballarpur Industries is engaged in the business of manufacturing and selling of writing and printing paper.   

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