The Indian equity markets closed on a down note on Friday. The Nifty50 index ended the day at 18,563.40, while the Mid-Cap and Small-Cap indices saw gains in the wider markets.
On Monday, June 12, 2023, attention will likely be focused on the following penny stocks:
Heavy buying was seen in Simbhaoli Sugars as the stock jumped more than 13% and hit an intraday high of Rs 28 per share on the BSE. Simbhaoli Sugars Ltd works with high-end, specialised products (specialty sugars), as well as ethanol, a clean energy source.
Significant buying activity caused the Orient Green Power Company stock to rise by more than 11.5 percent and hit an intraday high of Rs 10.85 a share on the NSE. An independent manufacturer of renewable energy, Orient Green production Company Limited has developed, acquired, and is in charge of a variety of wind energy production facilities.
Projects Madhucon Today, the stock rocketed to an intraday high of Rs 4.95 a share before locking at the 10% upper circuit. At the counter, there was a significant price and volume breakout. Madhucon Projects Ltd. operates in the industries of construction, power, and toll collection.
The list of penny stocks with volume breakouts that saw significant purchasing on Friday is as follows:
Penny Stock |
LTP (Rs) |
Gain (per cent) |
LCC Infotech |
2.25 |
9.76 |
Future Enterprises |
0.8 |
6.67 |
Goyal Aluminiums |
12.35 |
4.66 |
Kavveri Telecom Products |
7.35 |
9.7 |
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