Penny Stocks: Stocks likely to be in focus tomorrow!

On Friday, Indian equity markets ended on a negative note. Nifty50 closed at 17,465.80, down by 0.26 per cent, while both Mid-Cap index and Small-Cap index closed performed negatively on broader markets. 

The following penny stocks are likely to be in focus on Monday, February 27, 2023:    

Transwarranty Finance - Heavy buying interest was witnessed in the counter as the scrip surged more than 9 per cent, recording an intraday high of Rs 9.47 per share on NSE. Transwarranty Finance Ltd is an NBFC engaged in lending and advisory services. 

Shrenik- A solid price volume break-out was seen at the counter today as the stock zoomed more than 133 per cent upper circuit to hit an intra-day high of Rs 1.25 per share on NSE. The company sells products like writing and printing paper, coated paper, Hi bright Paper, copier paper, folding box board and duplex board. 

RattanIndia Power - A solid price volume break-out was seen at the counter today as the stock rallied and got locked at 9.09 per cent upper circuit to record an intraday high of Rs 3.60 per share. RattanIndia Power Limited is one of India’s largest private power generation companies, with installed capacity of 2,700 MW thermal power. 

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