Penny Stocks: Stocks likely to be in focus tomorrow!

Indian equity markets ended on a positive note, while both small-cap index and mid-cap index performed positively

On Monday, Indian equity markets ended on a positive note, while both Small-Cap index and Mid-Cap index performed positively. Noteworthy advancers, in the Nifty 50 category, include Power Grid Corporation, Larsen & Toubro, and M&M. Conversely, Jio Financial Services, Reliance, and Adani Enterprises witnessed declines.

The following Penny Stocks are likely to be in focus on Tuesday, August 29, 2023:

Manugraph India- Heavy buying was witnessed in the counter as the scrip zoomed and got locked at 20 per cent upper circuit, recording an intraday high of Rs 24.10 per share on NSE. Manugraph India Ltd is a manufacturer of single width web-offset printing presses and provides installation and after sales services.

Vodafone Idea- The scrip experienced significant buying activity, resulting in the stock surging more than 6 per cent, reaching an intraday high of Rs 9.30 per share on NSE. Vodafone Idea is one of the telecom service providers in India and is engaged in the business of mobility and long-distance services, trading of handsets and data cards.

Vikas Lifecare- A solid price volume breakout was seen at the counter today as the stock rallied and got locked at 20 per cent upper circuit to record an intraday high of Rs 4.05 per share on NSE. Vikas Lifecare Ltd trades and manufactures polymer, rubber compounds and additives for plastics, synthetic & natural rubber, infra, agro products, FMCG products, etc.

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

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