Penny Stocks: Stocks likely to be in focus tomorrow!

Nifty50 closed at 18,203.40, while both the mid-cap index and small-cap index performed negatively in the broader markets

Penny Stocks: Stocks likely to be in focus tomorrow!                                  

On Friday, the Indian equity markets ended on a positive note. Nifty50 closed at 18,203.40, while both the Mid-Cap index and Small-Cap index performed negatively in the broader markets.

The following Penny Stocks are likely to be in focus on Monday, 22nd May 2023:

Hindustan Construction Company - Heavy buying interest was witnessed in the counter as the scrip surged 10.65 per cent, recording an intraday high of Rs 17.65 per share on NSE. Hindustan Construction Company is principally engaged in the business of providing engineering and construction services, real estate, infrastructure, and urban development and management.

Shree Ram Proteins - The stock experienced significant buying activity, resulting in a 9.47 per cent surge and reaching an intraday high of Rs 5.20 per share on NSE. Shree Ram Proteins Ltd is engaged in the business of edible oil and solvent extraction from various types of agro products.

Godha Cabcon and Insulation - A solid price volume breakout was seen at the counter today as the stock rallied 8.7 per cent to record an intraday high of Rs 1.25 per share. Incorporated in 2007, Godha Cabcon & Insulation Ltd is a manufacturer of conductors and wires.

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Here is the list of volume breakout penny stocks that witnessed heavy buying in Friday's session: