Penny Stocks: Stocks likely to be in focus tomorrow!

Nifty50 closed at 17,618.75, down by 0.23 per cent, while the mid-cap index performed negatively and the small-cap index performed positively on broader markets

On Wednesday, Indian equity markets ended on a negative note. Nifty50 closed at 17,618.75, down by 0.23 per cent, while the Mid-Cap index performed negatively and the Small-Cap index performed positively on broader markets.  

The following penny stocks are likely to be in focus on Thursday, April 20, 2023:    

 
Tirupati Forge- Heavy buying interest was witnessed in the counter as the scrip surged and got locked at a 10 per cent upper circuit, recording an intraday high of Rs 11 per share on NSE. Tirupati Forge is engaged in the business of manufacturing carbon steel forged flanges, forged components and other automotive components. 

GI Engineering- Heavy buying interest was witnessed in the counter as the scrip surged 4.44 per cent, recording an intraday high of Rs 15.76 per share on BSE. GI Engineering Solutions provides information technology, engineering services and other related services, 

Reliance Naval and Engineering - A solid price volume break-out was seen at the counter today as the stock rallied 4.55 per cent to record an intraday high of Rs 2.30 per share. Reliance Naval and Engineering Ltd is engaged in the construction of vessels, repairs and refits of ships and rigs and heavy engineering.  

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