Penny Stocks: Stocks likely to be in focus tomorrow!

On Tuesday, Indian equity markets continued its losing streak for the second day in a row. Nifty 50 ended the session at 17,721, down by 0.24 per cent. Realty, capital goods and private bank stocks saw buying action.

The following penny stocks are likely to be in focus on Wednesday, February 8, 2023:   

Vaxtex Cotfab - A solid price volume break-out was seen in the counter today. The stock surged more than 13 per cent to record a high of Rs 5.70 per share. The company is engaged in the processing (dyeing and finishing) of grey fabrics for shirting, suiting and other accessories and also does outsourcing for other fabric and garment companies. 

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 0.55 per share 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

PVP Ventures - The stock got locked in a 10 per cent upper circuit and hit an intra-day high of Rs 8.90 per share on NSE. The company is engaged in the business of developing urban infrastructure & investments in various ventures.