Penny Stocks: Stocks likely to be in focus tomorrow!

Adani Enterprises, Adani Ports, and Eicher Motors stood out as significant gainers from the Nifty 50 index, while UPL, ICICI Bank, and Titan emerged as prominent losers

On Thursday, Indian equity markets ended on a negative note. Nifty50 dipped by 0.74 per cent to close at 19,381.65, while both Small-Cap index and Mid-Cap index performed positively. Adani Enterprises, Adani Ports, and Eicher Motors stood out as significant gainers from the Nifty 50 index, while UPL, ICICI Bank, and Titan emerged as prominent losers.

The following Penny Stocks are likely to be in focus on Friday, August 04, 2023:

Supreme Engineering- Heavy buying was witnessed in the counter as the scrip zoomed 7.69 per cent, recording an intraday high of Rs 0.70 per share on NSE. Supreme Engineering Ltd is in the business of manufacturing steel products.

Digispice Technologies- The scrip experienced significant buying activity, resulting in the stock getting locked 20 per cent, reaching an intraday high of Rs 25.48 per share on BSE.  Digispice Technologies Limited (DTL) is primarily engaged in the information and communication technology business providing value added services and mobile content services to the domestic /international telecom operators and the development and sale of telecom-related software.

Indian Railway Finance Corporation- A solid price volume breakout was seen at the counter today as the stock rallied more than 14 per cent to record an intraday high of Rs 45.30 per share on BSE. Indian Railway Finance Corporation borrows funds from the financial markets to finance the acquisition / creation of assets which are then leased out to the Indian Railways as finance lease.

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

Disclaimer: This article is for informational purpose only and not an investment advice.