Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
Indian equity markets concluded the day in the red, weighed down by weak cues from global markets and losses in heavyweight stocks. The Sensex dropped by 0.55 per cent, settling at 76,619.33, while the Nifty 50 declined by 0.47 per cent to close at 23,203.20.
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Broader markets offered a mixed performance, with the Nifty Midcap 150 gaining 0.12 per cent to 20,195.90, and the Nifty Smallcap 250 easing marginally by 0.04 per cent to 16,700.50.
The volatility index, India VIX, rose by 1.82 per cent to 15.75, signaling a rise in investor caution.
Top 3 price-volume breakout stocks:
NBCC (India) Ltd: NBCC (India) Ltd is currently trading at Rs 95.4, reflecting an 8.62 per cent increase from its previous close of Rs 87.83. The stock has seen a trading volume of approximately 5.89 crore shares, indicating significant activity. The stock has returned 69.15 per cent from its 52-week low, highlighting its steady growth. The 52-week high for the stock stands at Rs 139.83, leaving room for further upside. The stock experienced a price-volume breakout and a volume spike today, bouncing from a key support level. NBCC continues to maintain its position as an actively traded stock with a market cap of Rs 25,733.41 crore.
BLS International Services Ltd: BLS International Services Ltd is currently trading at Rs 499.9, up 10.72 per cent from its previous close of Rs 451.5. The trading volume reached 3.83 crore shares, showing a strong trading day. The stock is trading near its 52-week high of Rs 521.8 and has delivered a return of 90.11 per cent from its 52-week low. The stock has achieved a price-volume breakout with a noticeable volume spike. With a market cap of Rs 20,653.96 crore, BLS International Services remains an important player in its sector.
Aeroflex Industries Ltd: Aeroflex Industries Ltd is currently trading at Rs 241.5, marking an 8.13 per cent increase from its previous close of Rs 223.35. The stock hit a 52-week high of Rs 256.9 during the day and has delivered multibagger returns of 110 per cent from its 52-week low. The trading volume was approximately 2.83 crore shares, indicating significant participation. The stock experienced a price-volume breakout and a volume spike, closing near its highest level for the day. Aeroflex Industries has a market cap of Rs 3,146.62 crore and continues to see robust trading activity.
The following is a list of stocks with a strong positive breakout:
Sr.
|
Stock Name
|
Price
|
Volume
|
1
|
Nbcc (india) Ltd
|
95.31
|
5,88,81,883
|
2
|
Bls International Services Ltd
|
501.85
|
3,83,08,975
|
3
|
Aeroflex Industries Ltd
|
243.7
|
2,83,35,894
|
4
|
Equinox India Developments Ltd
|
142.37
|
2,00,52,878
|
5
|
Manappuram Finance Ltd
|
193.75
|
1,38,82,949
|
6
|
Hindustan Motors Ltd
|
30.12
|
1,35,62,056
|
7
|
Gujarat State Fertilizers & Chemicals Ltd
|
208.86
|
1,31,43,613
|
8
|
Hindustan Copper Ltd
|
247.69
|
1,14,83,541
|
9
|
Mahindra EPC Irrigation Ltd
|
146.51
|
46,84,770
|
10
|
Bajaj Healthcare Ltd
|
668.05
|
39,68,197
|
Disclaimer: The article is for informational purposes only and not investment advice.