Penny Stocks: Stocks likely to be in focus tomorrow!

On Thursday, the benchmark indices closed up on a positive note

On Thursday, the benchmark indices closed up on a positive note, with both Sensex and Nifty posting significant gains of 0.58 per cent and 0.59 per cent, respectively. Moreover, there was a substantial uptick of 0.77 per cent in the Nifty Midcap, and the Nifty Smallcap also closed on a higher note, with a 0.47 per cent increase.

Leading the market's top performers were Nifty Realty, Nifty PSU Bank, and Nifty Media, while Nifty FMCG, Nifty Pharma, and Nifty Metal witnessed declines. Among the Nifty 50 stocks, notable gainers included Coal India, L&T, and IndusInd Bank, while Tata Consumer Product, Britannia, and Sun Pharma were among the leading decliners.

The following Penny Stocks are likely to be in focus on Friday, September 08, 2023:

Century Extrusions- Heavy buying was witnessed in the counter as the scrip zoomed 8.93 per cent, recording an intraday high of Rs 19.50 per share on NSE. The scrip witnessed massive spurt in volume. Century Extrusions Ltd manufactures aluminium extruded products, power transmission and distribution line hardware.

Usha Martin Education & Solutions- The scrip experienced significant buying activity, resulting in the stock surging and getting locked at 20 per cent upper circuit, reaching an intraday high of Rs 6.65 per share on NSE. Usha Martin Education & Solutions Ltd provides education through IT-enabled global certification & training programs.

Landmark Property Development Company- A solid price volume breakout was seen at the counter today as the stock rallied more than 17 per cent to record an intraday high of Rs 7.90 per share on NSE. Landmark Property Development Company Ltd primarily does real estate development.

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.