Penny Stocks: Stocks likely to be in focus tomorrow!
Nifty50 closed 0.032 per cent up to close at 19,434.55, while both small-cap index and mid-cap index performed negatively
On Monday, Indian equity markets ended on a positive note. Nifty50 closed 0.032 per cent up to close at 19,434.55, while both Small-Cap index and Mid-Cap index performed negatively. Focusing on specific stocks, LTIMindtree, Infosys, and Divi’s Laboratories have stood out as Top Gainers within the Nifty 50 index. On the flip side, Adani Enterprises, JSW Steel, and Hindalco have experienced declines, making them prominent losers in this context.
The following Penny Stocks are likely to be in focus on Wednesday, August 16, 2023:
Digispice Technologies- Heavy buying was witnessed in the counter as the scrip zoomed and got locked at 10 per cent, recording an intraday high of Rs 34.26 per share on BSE. The scrip witnessed some profit booking and closed 8.80 per cent up at Rs 33.89 per share on BSE. Digispice Technologies Limited (DTL) is primarily engaged in the information and communication technology business providing Value Added Services (VAS) and mobile content services to the domestic and international telecom operators and the development and sale of telecom-related software.
Prakash Steelage- The scrip experienced significant buying activity, resulting in the stock surging getting locked at 20 per cent upper circuit, reaching an intraday high of Rs 6.56 per share on BSE. Prakash Steelage Limited was incorporated in 1996 and it is a manufacturer of stainless-steel welded pipes, tubes and U-tubes.
Genus Paper & Boards- A solid price volume breakout was seen at the counter today as the stock rallied more than 6 per cent to record an intraday high of Rs 18.09 per share on BSE. Genus Paper & Boards Ltd is primarily engaged in the business manufacturing of kraft papers varying from 100 GSM to 400 GSM.
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Here is the list of volume breakout penny stocks that witnessed heavy buying in Monday’s session (in NSE):
|
Penny Stock
|
LTP (Rs)
|
Gain (per cent)
|
|
Rolta India
|
2.4
|
4.35
|
|
Hindusthan National Glass & Industries
|
13.65
|
5
|
|
Ravi Kumar Distilleries
|
13.7
|
4.98
|
|
GTL Infrastructure
|
0.8
|
6.67
|
Disclaimer: The article is for informational purposes only and not investment advice.