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Penny Stocks: Stocks likely to be in focus tomorrow!
Armaan Madhani
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Penny Stocks: Stocks likely to be in focus tomorrow!

The following penny stocks are likely to be in focus on Monday, October 17, 2022.

The following penny stocks are likely to be in focus on Monday, October 17, 2022:  

Jaypee Infratech - Only buyers were seen in the scrip on Friday. The stock got locked at a 5 per cent upper circuit, recording an intra-day high of Rs 2.30 per share on NSE. The scrip has witnessed consecutive back-to-back upper circuits over the last one week. The stock has rallied 24.32 per cent over the last five trading sessions. The company is a special purpose vehicle promoted by Jaiprakash Associates, to develop and operate an access-controlled toll expressway between Noida and Agra in Uttar Pradesh (E’way project). The company generates revenue through collecting toll taxes. 

JBF Industries - The shares of the company froze at a 10 per cent upper circuit, closing at an intraday high of Rs 10.90 per share on NSE on Friday. The company is engaged in the manufacturing of polyester chips, polyester yarn and processed yarn. It is amongst the top 5 domestic market leaders in textile grade chips, bottle grade chips and partially oriented yarn. 

ECS Biztech – In Friday’s session, shares of the company locked at a 5 per cent upper circuit, recording a fresh intra-day high of Rs 6.54 per share on BSE. The scrip has rallied 9.92 per cent in the last five trading sessions. The company provides customer-centric technology solutions and services through the best environment-friendly practices.  

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

Penny Stocks  LTP  Gains (%) Volume change (Times)
MARALFN 1.72 19.44 4
Sun Retail 0.79 12.86 7
UTL Industries 3.74 10.98 2
Amforge Industries 7.18 7.97 2

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

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1 comments on article "Penny Stocks: Stocks likely to be in focus tomorrow!"

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Rangarao Gadhari

Very good information

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