Penny Stocks: Stocks likely to be in focus tomorrow!

Nifty50 closed at 17,743.40, while both mid-cap index and small-cap index performed positively on broader markets

On Monday, Indian equity markets ended on a positive note. Nifty50 closed at 17,743.40, while both Mid-Cap index and Small-Cap index performed positively on broader markets.   

The following penny stocks are likely to be in focus on Tuesday, April 25, 2023:     

Shree Rama Multi-Tech- Heavy buying interest was witnessed in the counter as the scrip surged 19.91 per cent, recording an intraday high of Rs 13.55 per share on NSE. Shree Rama Multi-Tech Ltd is a leading packaging solutions provider and has wide customer base in local as well as foreign market.  

Ganga Forging - Heavy buying interest was witnessed in the counter as the scrip surged 17.5 per cent, recording an intraday high of Rs 16.10 per share on NSE. Ganga Forging is in the business of production and job work of forging items.   

Reliance Naval and Engineering - A solid price volume break-out was seen at the counter today as the stock rallied 4 per cent to record an intraday high of Rs 2.60 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 Monday’s session: