Penny Stocks: Stocks likely to be in focus tomorrow!

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Penny Stocks: Stocks likely to be in focus tomorrow!

On Thursday, Indian equity markets saw a solid recovery in the second half of the trading session. 

On Thursday, Indian equity markets saw a solid recovery in the second half of the trading session. Metals, realty and energy stocks were the top performers. Mid-Cap and Small-Cap stocks outperformed broader markets.  

The following penny stocks are likely to be in focus on Friday, October 28, 2022:  

Madhav Infra Projects - Only buyers were seen in the scrip today. The stock got locked at a 20 per cent upper circuit, recording an intra-day high of Rs 4.87 per share on BSE. The company is engaged in the business of infrastructure development and solar power generation. It is the in-house EPC arm of the Madhav group. 

ECS Biztech  A solid price volume break-out was seen in the counter today. Shares of the company locked at a 5 per cent upper circuit, recording a fresh 52-week high of Rs 9.61 per share on BSE. The scrip has rallied 21.19 per cent in the last five trading sessions. The company provides customer-centric technology solutions and services through the best environment-friendly practices. 

Symbiox Investment & Trading Co – Shares of the company locked at a 5 per cent upper circuit, recording a fresh 52-week high of Rs 11.63 per share on BSE. The scrip has rallied 21.27 per cent in the last five trading sessions. The company is mainly into trading in investments & textile. It has a wide variety of sarees from plain-to-be to cater to the growing industry and offer its products to all age groups.  

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

Penny Stocks  LTP  Gain (%) Volume Change (Times) 
Madhav Infra Projects 4.87 19.95 61
Stellar Capital Services 5.49 9.8 2
Ankit Metal & Power 5.85 9.35 2