Penny Stocks: Stocks likely to be in focus tomorrow!

Nifty50 closed at 19,189.05, 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 19,189.05, 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, July 03, 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 33.81 per share on BSE. Patel Engineering, a 73-year-old construction company established in 1949, has grown to become a specialist in the hydro power generation and irrigation sectors

Indiabulls Enterprises- The scrip experienced significant buying activity, resulting in the stock getting locked at 5 per cent upper circuit, reaching an intraday high of Rs 9.78 per share on BSE. The Indiabulls Enterprises Limited is engaged in the business of infrastructure & construction equipment leasing, LED lighting, pharmaceuticals, financial services and management and maintenance services.

Kavveri Telecom Products- 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 8.09 per share. Kavveri Telecom Products Limited is engaged in design, development and manufacture of radio frequency products and antennae for telecom, defense and space applications in India and abroad.

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