Penny Stocks: Stocks likely to be in focus tomorrow!

Mid-cap and small-cap indices underperformed broader markets

On Thursday, Indian equity markets staged a decent recovery in the second half of the trading session to end with positive developments. Nifty 50 and Sensex closed with gains of 0.38 per cent each. Mid-Cap and Small-Cap indices underperformed broader markets. 

The following penny stocks are likely to be in focus on Fri, December 30, 2022:     

Samtex Fashions - A solid price volume break-out was seen in the counter today. The stock rallied more than 13 per cent to record an intra-day high of Rs 3.45 per share on BSE. The scrip has rallied more than 23 per cent over the last five trading sessions. The company is engaged in manufacturing of ready-made garments and trading activity of food grains.

Adcon Capital Services - Only buyers were seen in the counter as the scrip locked at a 5 per cent upper circuit, recording a fresh 52-week high of Rs 2.59 per share on BSE. The stock has locked at back-to-back upper circuit in the last few trading sessions. The company is an NBFC engaged in the business ofproviding loans and advances, investment in shares of other companies and providing other related financial services. 

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

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

ANIRBAN SIMLAI

Good recommendation

12/30/2022 1:39 AM

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