Penny Stocks: Stocks likely to be in focus tomorrow!
On Friday, Indian equity markets closed with positive developments. Metal, IT and Power stocks were buzzing on bourses.
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The following penny stocks are likely to be in focus on Monday, January 16, 2023:
Kanani Industries -Heavy buying interest was seen in the stock in Friday's session as the scrip managed to rally more than 13 per cent, recording an intra-day high of Rs 10.05 per share on NSE. Incorporated in 1983, Kanani Industries is engaged in the business of manufacture & export of diamond studded jewelry such as rings, necklaces, earrings, bracelets, pendants, etc.
Sundaram Multi Pap - Shares of the company froze at an upper price band of Rs 2.85, per share on NSE on Friday. Incorporated in 1995, the company is in the business of school & office stationery as well as e-learning.
Visesh Infotecnics - Heavy buying interest was witnessed in the counter as the scrip locked at a 10 per cent upper circuit, recording a high of Rs 0.60 pershare on NSE. The company is engaged in system integration and networking solutions (including hardware); enterprise software; domain registration & web hosting services; telecommunication; VAS & IT-enabled services.
Following is the list of volume breakout penny stocks that witnessed heavy buying in Friday’s session:
| Penny Stocks | LTP | Price Gain (%) | Volume change (times) |
| Luharuka Media & Infra | 4.54 | 19.79 | 2 |
| Orosil Smiths India | 4.97 | 7.58 | 7 |
| Lesha Industries | 5.86 | 9.94 | 2 |
| Sundaram Multi Pap | 2.85 | 9.85 | 4 |