Penny Stocks: Stocks likely to be in focus tomorrow!

Nifty50 closed at 19,711.45, while both small-cap index and mid-cap index performed positively

On Monday, the Indian equity markets ended on a positive note. Nifty50 closed at 19,711.45, while both Small-Cap index and Mid-Cap index performed positively.

The following Penny Stocks are likely to be in focus on Tuesday, July 18, 2023:

Manaksia Aluminium Company- Heavy buying was witnessed in the counter as the scrip surged more than 6 per cent, recording an intraday high of Rs 29.39 per share on BSE. Manaksia Aluminium Company Ltd is engaged in the manufacturing of value-added secondary aluminium products like aluminium rolled sheets/coils.

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 47.90 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.

Subex- A solid price volume breakout was seen at the counter today as the stock rallied 10 per cent to record an intraday high of Rs 37.50 per share on BSE. Subex is a software product company which works in the space of digital trust.

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

Disclaimer: The article is for informational purposes only and not investment advice.