Shares below Rs 100: Only buyers were seen in these stocks on August 02

Shares below Rs 100: Only buyers were seen in these stocks on August 02

Kiran Shroff
/ Categories: Trending, Mindshare

About 1,248 shares have advanced, 2,345 declined and 139 are unchanged on BSE.

On Wednesday, at 03:30 pm, indices ended the trading session in red with the BSE Sensex Index down 1.02 per cent at 66,783 and the NSE Nifty-50 Index down 1.05 per cent at 19,527. About 1,248 shares have advanced, 2,345 declined and 139 are unchanged on BSE.  

Krishanveer Forge Ltd.’s shares zoomed 20 per cent upper circuit to Rs 58.80 per share from its previous closing of Rs 49 with a spurt in volume by more than 28.55 times on BSE. The stock is up by 34 per cent in 6 months and gave multibagger returns of 155.10 per cent in 3 years.

Deccan Gold Mines Ltd.’s stock was locked in a 10 per cent upper circuit to Rs 95.28 per share from its previous closing of Rs 86.62 with a spurt in volume by more than 3.70 times on BSE. The stock traded at a new 52-week high of Rs 95.28 and in just 6 months it gave multibagger returns of 133 per cent returns to its investors.

Bhatia Communication & Retail (India) Ltd.’s shares saw heavy buying and hit a 10 per cent upper circuit to Rs 19.17 per share with a spurt in volume by more than 2.80 times on BSE. The company is expected to give good Quarterly Results. The stock has a ROE of 17.24 per cent and a ROCE of 20.10 per cent.

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Following is the list of low-priced stocks that were locked in the upper circuit on August 02:

Stock Name

LTP (Rs)

% Change in Price

Krishanveer Forge Ltd

58.80

20

Deccan Gold Mines Ltd

95.28

10

Bhatia Communication & Retail (India) Ltd

19.17

9.98

Alliance Integrated Metaliks Ltd

24.95

9.96

VR Films & Studios Ltd

64.93

5

Netlink Solutions (India) Ltd

90.51

5

BCC Fuba India Ltd

41.65

5

Kapil Cotex Ltd

86.81

5

Jyoti Structures Ltd

10.50

5

Sanjivani Paranteral Ltd

76.65

5

DMR Hydroengineering & Infrastructures Ltd

75.13

5

Investors should keep an eye on these stocks.

Disclaimer: The article is for informational purposes only and not investment advice.

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