Penny stocks: Stocks likely to be in focus on Monday!
Top large-cap gainers of today's session include Tech Mahindra, IndusInd Bank, Adani Ports, Infosys and HCL Technologies.
On Friday, Sensex recorded gains of 0.18 per cent to close at 59,793.14. Top Large-Cap gainers of today's session include Tech Mahindra, IndusInd Bank, Adani Ports, Infosys and HCL Technologies.
The following penny stocks are likely to be in focus on Monday, September 12, 2022:
Kavveri Telecom Products – The shares of the company hit an upper price band of Rs 10.15 per share on NSE, recording gains of 9.73 per cent. Incorporated in 1996, the company is engaged in the design, development & manufacture of radio frequency products and antennae for telecom, defence as well as space applications in India and abroad.
Andhra Cements – Only buyers were witnessed in this counter and the scrip got locked at a 5 per cent upper circuit. The stock recorded consecutive upper circuits for the last nine trading sessions in a row. The company is in the business of cement production and is a part of Jaypee Group. It has two manufacturing plants situated in Andhra Pradesh. The company has been undergoing insolvency proceedings while Sagar Cements seems to be the front-runner for acquiring the company. Sagar Cements has a production capacity of 8.25 million tonnes as of March 2022 and targets to achieve a 10 million tonnes capacity by FY25.
Following is the list of volume breakout Penny Stocks that witnessed heavy buying in today’s session:
|
Penny stocks
|
LTP
|
Gain (%)
|
Volume change (times)
|
|
Corporate Couriers & Cargo
|
8.8
|
10
|
2.14
|
|
Nyssa Corporation
|
8.54
|
9.91
|
6.18
|
|
Future Consumer
|
2.25
|
9.76
|
3.13
|
|
7NR Retail
|
1.72
|
9.55
|
1.98
|
|
Bright Solar
|
5.6
|
8.74
|
2.57
|
Keep a close eye on these counters for the upcoming sessions!