Penny Stocks: Stocks likely to be in focus tomorrow!
Nifty50 closed at 63,384.58, while both the mid-cap index and small-cap index performed positively in the broader markets
On Friday, the Indian equity markets ended on a positive note. Nifty50 closed at 63,384.58, while both the Mid-Cap index and Small-Cap index performed positively in the broader markets.
The following Penny Stocks are likely to be in focus on Monday, June 19, 2023:
Alok Industries- Heavy buying was witnessed in the counter as the scrip surged and got locked at 10 per cent upper circuit, recording an intraday high of Rs 15.50 per share on NSE. Alok Industries is a textile company with a presence in the cotton and polyester segments.
Reliance Naval And Engineering- The scrip experienced significant buying activity, resulting in the stock getting locked at 5 per cent upper circuit, reaching an intraday high of Rs 2.25 per share on NSE. Reliance Naval and Engineering Ltd is engaged in the construction of vessels, repairs and refits of ships and rigs and heavy engineering.
Kavveri Telecom Products- A solid price volume breakout was seen at the counter today as the stock rallied and got locked at 5 per cent upper circuit to record an intraday high of Rs 9.01 per share. 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.
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Here is the list of volume breakout penny stocks that witnessed heavy buying in Friday's session:
Penny Stock
|
LTP (Rs)
|
Gain (per cent)
|
Praxis Home Retail
|
13.9
|
4.91
|
Globe Textiles (India)
|
3.3
|
4.76
|
Godha Cabcon and Insulation
|
1.25
|
4.17
|
Educomp Solutions
|
1.75
|
2.94
|