Penny Stocks: Stocks likely to be in focus tomorrow!

Nifty 50 closed the session at 18,409.9, marginally up by 0.03 per cent.

On Wednesday, Indian equity markets ended on a flat note. Nifty 50 closed the session at 18,409.9, marginally up by 0.03 per cent. Mid-Cap and Small-Cap stocks underperformed broader markets. Healthy buying was seen in capital goods and industrial stocks.

The following penny stocks are likely to be in focus on Thursday, November 17, 2022:      

FCS Software Solutions - Only buyers were seen in the scrip today. The stock got locked at an upper circuit, recording an intra-day high of Rs 3.20 per share on NSE. The company provides services in IT consulting, IT Infra management, IT-enabled services and learning solutions. It has more than 250 global customers including Mckinsey, IBM, Dominos, Credit Suisse. 

Shrenik - The company’s stock witnessed a solid price volume break out and rallied more than 8 per cent to record an intra-day high of Rs 2.05 per share on NSE. It is a paper-trading company (wholesale distributor) having its operations spread across Gujarat, Rajasthan and Maharashtra. The company sells products like writing and printing paper, coated paper, hi-bright paper, copier paper, folding box board and duplex board.      

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