Penny Stocks: Stocks likely to be in focus tomorrow!

Nifty50 closed at 18,534.10, while both the mid-cap index and small-cap index performed positively in the broader markets

On Friday, the Indian equity markets ended on a positive note. Nifty50 closed at 18,534.10, while both the Mid-Cap index and Small-Cap index performed positively in the broader markets.

The following Penny Stocks are likely to be in focus on Monday, June 05, 2023:

Lloyds Steel Industries- Heavy buying was witnessed in the counter as the scrip surged 12.87 per cent, recording an intraday high of Rs 26.30 per share on NSE. Lloyds Steels Industries is primarily engaged in the design, manufacturing, and commissioning of heavy equipment, machinery & systems for the hydro-carbon sector, 0il & gas, steel plants, power plants, nuclear plant boilers and turnkey projects.

Reliance Home Finance- The scrip experienced significant buying activity, resulting in the stock getting locked at 5 per cent upper circuit reaching an intraday high of Rs 3.19 per share on NSE. The company is registered as a housing finance company with National Housing Bank and is engaged in mortgage-based lending operations like home loan, affordable housing, LAP and construction finance.

Sanwaria Consumer Limited- A solid price volume breakout was seen at the counter today as the stock rallied and got locked at 14.29 per cent upper circuit to record an intraday high of Rs 0.40 per share. Sanwaria Consumer Ltd manufactures and trades FMCG food products.

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