Penny Stocks: Stocks likely to be in focus tomorrow!

Nifty50 dipped by 0.10 per cent to close at 19,733.55, while small-cap performed positively and mid-cap index performed negatively

On Tuesday, Indian equity markets ended on a negative note. Nifty50 dipped by 0.10 per cent to close at 19,733.55, while Small-Cap performed positively and Mid-Cap index performed negatively. NTPC, Coal India, and Tech Mahindra recorded substantial gains from the Nifty 50 index, whereas Power Grid, Hero Motocorp, and Apollo Hospitals faced declines.

The following Penny Stocks are likely to be in focus on Wednesday, August 02, 2023:

Supreme Engineering- Heavy buying was witnessed in the counter as the scrip zoomed and got locked at 10 per cent upper circuit, recording an intraday high of Rs 0.60 per share on NSE. Supreme Engineering Ltd is in the business of manufacturing steel products.

Patel Engineering- The scrip experienced significant buying activity, resulting in the stock zooming getting locked at 5 per cent upper circuit, reaching an intraday high of Rs 46.12 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 in areas like hydro, irrigation & water supply, urban infrastructure and transport.

Flexituff Ventures International- 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 29.70 per share on BSE. Flexituff Ventures International Ltd is engaged in the business of technical textiles. It manufactures flexible intermediate bulk container, geotextiles, BOPP woven bags and NPC drippers.

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

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