Penny Stocks: Stocks likely to be in focus tomorrow!

Nifty50 dipped 0.042 per cent to close at 19,680.60, while both small-cap and mid-cap index performed positively

On Wednesday, Indian equity markets ended on a positive note. Nifty50 dipped 0.042 per cent to close at 19,680.60, while both Small-Cap and Mid-Cap index performed positively. Hindalco, Tata Steel, JSW Steel, and NTPC emerged as the Top Gainers on the Nifty 50. The positive momentum was further boosted by Tata Steel's impressive earnings results, which contributed to a significant 2.9 percent gain in Nifty Metal during the day.

The following Penny Stocks are likely to be in focus on Wednesday, July 26, 2023:

Dhani Services- Heavy buying was witnessed in the counter as the scrip zoomed more than 7 per cent, recording an intraday high of Rs 42.19 per share on BSE. Dhani Services Ltd is primarily engaged in providing technology enabled subscription-based healthcare and transaction finance services through its 'Dhani' app.

Incredible Industries- The scrip experienced significant buying activity, resulting in the stock getting locked at 10 per cent upper circuit, reaching an intraday high of Rs 27.56 per share on BSE. Incredible Industries is engaged in the manufacturing and sale of iron and steel related rolled products like TMT bars, rounds, wire rods, H.B. wire etc.

Country Condo’s - A solid price volume breakout was seen at the counter today as the stock rallied and got locked at 10 per cent upper circuit to record an intraday high of Rs 5.25 per share on BSE. Country Condos Ltd is in the business of sale of plots under real estate segment. 

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

Disclaimer: The article is for informational purposes only and not investment advice.