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Penny Stocks: Stocks likely to be in focus tomorrow!
Armaan Madhani
/ Categories: Trending, Penny Stocks

Penny Stocks: Stocks likely to be in focus tomorrow!

Mid-cap and Small-cap stocks bucked the bearish trend and outperformed broader markets today

On Thursday, Indian equity markets closed on a weak note. Nifty 50 and Sensex recorded losses of 0.24 per cent and 0.33 per cent to end at 16,818.1 and 56,409.9 respectively.
Mid-Cap and Small-Cap stocks bucked the bearish trend and outperformed broader markets today.

The following penny stocks are likely to be in focus on Friday, September 30, 2022:   

7NR Retail – Only buyers were seen in the scrip today. The stock got locked at a 10 per cent upper circuit, recording an intra-day high of Rs 1.71 per share on BSE. The company is engaged in wholesaling and retailing of the readymade garments. 

Fone4 Communications (India) - Shares of the company locked at a 10 per cent upper circuit, recording a fresh intra-day high of Rs 6.07 per share on BSE. The company is South India’s leading multi-brand retail chain dealing in international & Indian brands of mobile handsets, accessories and electronics items.

Oil Country Tubular - Only buyers were seen in the scrip today. The stock has hit back-to-back upper circuit in the last few trading sessions and today also locked at a 5 per cent upper circuit, recording a fresh 52-week high of Rs 16.05 per share on NSE. Incorporated in 1985, the company is engaged in the manufacturing of casing, tubing and drill pipes which are used in the drilling and exploration of oil and gas.

Following is the list of volume breakout penny stocks that witnessed heavy buying in today’s session: 

Penny Stocks

LTP 

Gain (%)

Volume Change (Times) 

IL&FS Investment Managers

9

13.21

6

Bampsl Securities

7.61

9.03

2

Stampede Capital

0.85

6.25

2

Polytex India

3.99

5

4

Keep a close eye on these counters for the upcoming sessions! 

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