Penny Stocks: Stocks likely to be in focus tomorrow!

On Tuesday, Indian equity markets ended on a positive note. Nifty50 closed at 18,147.65, while both the Mid-Cap index and Small-Cap index performed positively on broader markets.  

The following penny stocks are likely to be in focus on Wednesday, May 03, 2023:    

 
MIC Electronics- Heavy buying interest was witnessed in the counter as the scrip surged 9.84 per cent upper circuit, recording an intraday high of Rs 13.95 per share on NSE. MIC Electronics is a global leader in the design, development & manufacturing of LED video displays, high-end electronic and telecommunication equipment and the development of telecom software since 1988. 

Mohit Industries- Heavy buying interest was witnessed in the counter as the scrip surged 18.83 per cent, recording an intraday high of Rs 16.20 per share on NSE. Mohit Industries Ltd manufactures texturized yarn from POY and weaving of the Yarn into Grey Cloth.  

Ballarpur Industries - A solid price volume break-out was seen at the counter today as the stock rallied 7.69 per cent to record an intraday high of Rs 0.70 per share. Ballarpur Industries is engaged in the business of manufacturing and selling writing and printing paper.  

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