Penny Stocks: Stocks likely to be in focus tomorrow!

Nifty50 closed at 18,599, while both the mid-cap index and small-cap index performed positively in the broader markets

On Tuesday, the Indian equity markets ended on a positive note. Nifty50 closed at 18,599, 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 Wednesday, June 07, 2023:

Patel Engineering- Heavy buying was witnessed in the counter as the scrip surged and got locked at 5 per cent upper circuit, recording an intraday high of Rs 28.58 per share on BSE. Patel Engineering Ltd is engaged in the construction of dams, bridges, tunnels, roads, piling works, industrial structures and other kinds of heavy civil engineering works.

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 3.50 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 - A solid price volume breakout was seen at the counter today as the stock rallied and got locked at 5 per cent upper circuit to record an intraday high of Rs 0.48 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 today's session: