Penny Stocks: Stocks likely to be in focus tomorrow!

Mid-cap and small-cap stocks also witnessed selling pressure and failed to outperform broader markets.

On Wednesday, domestic equity markets saw a rather volatile session post a 35-basis point rate hike by the RBI's Monetary Policy Committee. Nifty 50 closed in the red territory at 18,560.5, down by 0.44 per cent. Mid-Cap and Small-Cap stocks also witnessed selling pressure and failed to outperform broader markets. Utility and realty stocks were among the Top Losers.  

The following penny stocks are likely to be in focus on Thursday, December 8, 2022:

SEPC - A heavy price volume breakout was seen in the counter in today's session. The stock surged more than 9 per cent, recording an intra-day high of Rs 10.45 per share on NSE. The scrip's 52-week high stands at Rs 12.45. Shriram EPC (SPEC) is a leading service provider of integrated design, engineering, procurement, construction and project management services for water and waste-water treatment plants, water infrastructure, process and metallurgy plants, power plants and mines and mineral processing.    

Tijaria Polypipes - Only buyers were seen in the scrip today. The stock got locked at a 20 per cent upper circuit, recording an intra-day high of Rs 6.90 per share on NSE. The company produces a huge range of products starting from the pipelines to all the extensive accessories aiding their products.  

Burnpur Cement - Shares of the company froze at an upper price band of Rs 6.05, per share on NSE. The company is engaged in the manufacturing of cement and has manufacturing facilities located in West Bengal and Jharkhand. 

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