Penny Stocks: Stocks likely to be in focus tomorrow!

Mid-cap and small-cap stocks underperformed broader markets.

On Monday, bulls made a decent comeback on Indian equity markets. Nifty 50 ended the session with gains of 1.35 per cent at levels of 18,101.2. Mid-Cap and Small-Cap stocks underperformed broader markets. Heavy buying was seen in IT, power and utility stocks. 

The following penny stocks are likely to be in focus on Tuesday, January 10, 2023:        

Twinstar Industries - Shares of the company froze at an upper price band of Rs 1.26, per share on BSE. Incorporated in 1984, Twinstar Industries Limited (TIL) deals in information technology and trading activities. The stock currently trades at a price to book value of 0.14.  

Adcon Capital Services - A solid price volume break-out was seen in the counter today. The stock rallied more than 4 per cent to record a 52-week high of Rs 3.60 per share on BSE. The stock has gained ~20 per cent in the last 5 trading sessions. The company is an NBFC engaged in the business of providing 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: