Penny Stocks: Stocks likely to be in focus tomorrow!

The following penny stocks are likely to be in focus on Tuesday, September 26, 2023

On Monday, the day concluded with modest gains for both the Sensex and Nifty. In contrast, the Nifty Midcap showed a significant increase of 0.66%, while the Nifty Smallcap remained relatively stable.

The market's top performers comprised Nifty Realty, Nifty Financial Services, and Nifty Bank, whereas Nifty IT, Nifty Media, and Nifty Pharma recorded declines.

Among the Nifty 50 stocks, notable winners included Bajaj Finance, Tata Consumer Products, and Bajaj Finserv, while SBI Life, Hindalco, and Hero Motocorp were prominent among the decliners.

The following Penny Stocks are likely to be in focus on Tuesday, September 26, 2023:

Univa Foods- Heavy buying was witnessed in the counter as the scrip zoomed and got locked at 5 per cent upper circuit, recording an intraday high of Rs 5.50 per share on NSE. The scrip witnessed massive spurt in volume. Univa Foods Ltd is in the hotel business.

Vaswani Industries- The scrip experienced significant buying activity, resulting in the stock surging more than 16 per cent, reaching an intraday high of Rs 32.85 per share on NSE. Vasvani Industries Ltd is in the business of iron & steel, power, real estate and agri division.

Ruchi Infrastructure- 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 11.10 per share on NSE. Ruchi Infrastructure Ltd is engaged in the business of infrastructure, storage of liquid commodities, agri warehousing facilities, wind power generation, trading of various commodities and manufacturing of soap.

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

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