Penny Stocks: Stocks likely to be in focus tomorrow!

Nifty50 closed at 19,439.40, while both small-cap index and mid-cap index performed positively

On Tuesday, the Indian equity markets ended on a positive note. Nifty50 closed at 19,439.40, while both Small-Cap index and Mid-Cap index performed positively.

The following Penny Stocks are likely to be in focus on Wednesday, July 12, 2023:

Spentex Industries- Heavy buying was witnessed in the counter as the scrip surged and got locked at 5 per cent upper circuit, recording an intraday high of Rs 1.89 per share on BSE. The company manufactures and trades yarn.

Patel Engineering- The scrip experienced significant buying activity, resulting in the stock surging and getting locked at 5 per cent upper circuit, reaching an intraday high of Rs 39.49 per share on BSE. Patel Engineering Ltd is engaged in the construction of dams, bridges, tunnels, roads, piling works, industrial structures and other kinds of heavy civil engineering works in areas like hydro, irrigation & water supply, urban infrastructure and transport.

Reliance Capital- 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 11.92 per share on BSE. Reliance Capital Limited is primarily a holding company, holding investments in its subsidiaries, associates, and other group companies.

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