Penny Stocks: Stocks likely to be in focus tomorrow!

Mid-cap and small-cap witnessed selling pressure and underperformed broader markets.   

On Wednesday, Indian equity markets closed on a weak note amidst a volatile session. Nifty 50 ended at 18,157 in the red territory with losses of 0.25 per cent. Mid-Cap and Small-Cap witnessed selling pressure and underperformed broader markets.   

The following penny stocks are likely to be in focus on Thursday, November 10, 2022:    

HLV - Only buyers were seen in the scrip today. The stock got locked at a 20 per cent upper circuit, recording a fresh 52-week high of Rs 12.35 per share on NSE. The stock has rallied 26.94 per cent over the last five trading sessions. The company is primarily engaged in the business of owning, operating & managing hotels, palaces and resorts.

Diligent Media Corporation - The company’s stock witnessed a solid price volume break out and rallied 10 per cent to freeze at an upper price band of Rs 3.85 per share on the bourses. The company is engaged in the printing and publication of newspapers, magazines, books, inserts and annual reports. It also publishes online newspapers.

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