Penny Stocks: Stocks likely to be in focus tomorrow!

Penny Stocks: Stocks likely to be in focus tomorrow!

Bhavya Rathod

The following penny stocks are likely to be in focus on Thursday, September 14, 2023

On Wednesday, the trading day concluded with the Sensex posting a 0.37 per cent gain, closely trailed by the Nifty, which saw a 0.38 per cent rise. Additionally, emphasizing the prevailing positive sentiment in the market, the Nifty Midcap saw a 0.19 per cent increase, while the Nifty Smallcap significantly outperformed with a notable 1.02 per cent surge.

In the sectoral indices, there were notable strengths observed in Nifty PSU Bank, Nifty Media, and Nifty Energy, with Nifty Auto and Nifty IT also delivering strong performances. When we delve into individual stocks within the Nifty 50, noteworthy gainers include Grasim, Coal India, and Tata Consumer Products, while HDFC Life, M&M, and L&T incurred losses.

The following Penny Stocks are likely to be in focus on Thursday, September 14, 2023:

Brightcom Group- Heavy buying was witnessed in the counter as the scrip zoomed and got locked at 5 per cent upper circuit, recording an intraday high of Rs 15.95 per share on NSE. The scrip witnessed massive spurt in volume. Brightcom Group Ltd offers digital marketing solutions to businesses, agencies and online publishers worldwide.

Tirupati Forge - 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 10.20 per share on NSE. The company manufactures mass quantity carbon steel forged flanges, forged components and other automotive components.

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Alps Industries- A solid price volume breakout was seen at the counter today as the stock rallied and got locked at 5 per cent upper circuit to record an intraday high of Rs 2.20 per share on NSE. Alps Industries is engaged in the business of textile business.

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

Penny Stock  

LTP (Rs)

Gain (per cent)

Ankit Metal & Power

4.25

4.94

Kridhan Infra

2.4

4.35

Unitech

2.6

3.85

Metalyst Forgings

4.05

4

 

 

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

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