Penny Stocks: Stocks likely to be in focus tomorrow!

On Tuesday, domestic equity markets saw positive developments. Nifty 50 closed with gains of 0.41 per cent at 18,403.4. Mid-Cap and Small-Cap stocks underperformed broader markets. Healthy buying was seen in banking and auto stocks. 

The following penny stocks are likely to be in focus on Wednesday, November 16, 2022:      

Nila Infrastructures - The company’s stock witnessed a solid price volume break out and rallied more than 7.5 per cent to record an intra-day high of Rs 7.25 per share on BSE. The company is a flagship unit of the Ahmedabad based Sambhaav Group. It is involved in the construction of affordable housing projects and the development of various infrastructures. The company has its presence mostly in Gujarat and Rajasthan.  

FCS Software Solutions - Only buyers were seen in the scrip today. The stock got locked at a 10 per cent upper circuit, recording an intra-day high of Rs 2.99 per share on BSE. 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. 

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