Penny Stocks: Stocks likely to be in focus tomorrow!

Nifty50 closed at 17,321.90, down by 0.74 per cent, while both mid-cap index and small-cap index closed performed negatively on broader markets

On Thursday, Indian equity markets ended on a negative note. Nifty50 closed at 17,321.90, down by 0.74 per cent, while both Mid-Cap index and Small-Cap index closed performed negatively on broader markets. 

The following penny stocks are likely to be in focus on Friday, March 03, 2023:    

Stampede Capital - Heavy buying interest was witnessed in the counter as the scrip surged more than 9.7 per cent, recording an intraday high of Rs 10.75 per share on NSE.  Stampede Capital Ltd is a Financial Services and Investment Co. engaged in the business of Equity and Currency broking and trading activities. 

Kavveri Telecom Products - A solid price volume break-out was seen at the counter today as the stock zoomed 9.57 per cent to make an intra-day high of Rs 6.30 per share on NSE.  Kavveri Telecom Products Limited is engaged in design, development and manufacture of Radio Frequency products and antennae for telecom, defense and space applications in India and abroad. 

Globe Textiles - A solid price volume break-out was seen at the counter today as the stock rallied more than 12.5 per cent to record an intraday high of Rs3.50 per share. Globe Textiles (India) Ltd is involved in trading and manufacturing of textile products. 

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