Penny Stocks: Stocks likely to be in focus tomorrow!

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Penny Stocks: Stocks likely to be in focus tomorrow!

Heavy buying interest was witnessed in small-cap stocks.

On Tuesday, domestic markets extended yesterday's gains. Nifty 50 ended the session with gains of 0.65 per cent at 18,132.3. Heavy buying interest was witnessed in Small-Cap stocks. 

The following penny stocks are likely to be in focus on Wednesday, December 28, 2022:    

Symbiox Investment & Trading Co – Only buyers were seen in the counter as the scrip locked at a 5 per cent upper circuit, recording a fresh 52-week high of Rs 4.74 per share on BSE. The company is mainly into trading in investments & textiles. It has a wide variety of sarees from plain-to-be to cater to the growing industry and offers its products to all age groups. 

Ganga Forging - A solid price volume break-out was seen in the counter today. The scrip surged more than 12 per cent to record an intra-day high of Rs 5.15 per share on NSE. The company manufactures closed die forged products for both automotive and non-automotive segment. Their forging unit caters to needs of OEM customers and also part manufacturing units by offering them products.  

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

Penny Stocks  LTP  Price gain (%)  Volume Change (Times) 
Ashoka Metalcast 10.3 18.39 4
Superior Finlease 2.4 13.21 2
Ganga Forging 4.85 12.79 9
Viji Finance 2.9 9.43 2