Penny Stocks: Stocks likely to be in focus tomorrow!
Nifty50 closed at 19,564.50, while both small-cap index and mid-cap index performed positively
On Friday, the Indian equity markets ended on a positive note. Nifty50 closed at 19,564.50, while both Small-Cap index and Mid-Cap index performed positively.
The following Penny Stocks are likely to be in focus on Monday, July 17, 2023:
Manaksia Aluminium Company- Heavy buying was witnessed in the counter as the scrip surged more than 14 per cent, recording an intraday high of Rs 28.50 per share on NSE. Manaksia Aluminium Company Ltd is engaged in the manufacturing of value-added secondary aluminium products like aluminium rolled sheets/coils
Patel Engineering- The scrip experienced significant buying activity, resulting in the stock surging and getting locked at 5 per cent upper circuit, reaching an intraday high of Rs 45.35 per share on NSE. 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 in areas like hydro, irrigation & water supply, urban infrastructure and transport.
Subex- A solid price volume breakout was seen at the counter today as the stock rallied 20 per cent to record an intraday high of Rs 33.94 per share on BSE. Subex is a software product company which works in the space of digital trust.
DSIJ offers a service 'Pop BTST" with recommendations for intraday stocks for tomorrow based on research and analysis to help subscribers make healthy profits. If this interests you, then do download the service details pdf here
Here is the list of volume breakout penny stocks that witnessed heavy buying in Friday's session:
|
Penny Stock
|
LTP (Rs)
|
Gain (per cent)
|
|
Future Enterprises
|
0.90
|
5.88
|
|
Future Consumer
|
0.95
|
5.56
|
|
Lakshmi Precision Screws
|
3.3
|
4.7
|
|
Viji Finance
|
1.75
|
2.94
|