Penny Stocks: Stocks likely to be in focus tomorrow!

Nifty50 closed at 16,945.05, down by 0.77 per cent, while both mid-cap index and small-cap index performed negatively on broader markets.

On Friday, Indian equity markets ended on a negative note. Nifty50 closed at 16,945.05, down by 0.77 per cent, while both Mid-Cap index and Small-Cap index performed negatively on broader markets.

The following penny stocks are likely to be in focus on Monday, March 27, 2023:   

Gayatri Highways- Heavy buying interest was witnessed in the counter as the scrip surged 6.67 per cent, recording an intraday high of Rs 0.80 per share on NSE. Gayatri Highways Ltd and its jointly controlled entities are in the business of construction, operations, and maintenance of carriageways on tolls and annuity basis.

Burnpur Cement- Heavy buying interest was witnessed in the counter as the scrip surged and got locked at 19.15 per cent upper circuit, recording an intraday high of Rs 5.60 per share on NSE. Burnpur Cement Ltd is in the business of cement manufacturing.

Visesh Infotecnics- A solid price volume break-out was seen at the counter today as the stock rallied more than 12 per cent to record an intraday high of Rs 0.45 per share. The company is engaged in system integration and networking solutions (including hardware); enterprise software; domain registration & web hosting services; telecommunication; VAS & IT-enabled services.

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