Shares below Rs 100: Only buyers were seen in these stocks on August 03

About 1,790 shares have advanced, 1,770 declined and 155 are unchanged on BSE.

On Thursday, at 03:30 pm, indices ended the trading session in red with the BSE Sensex Index down 0.82 per cent at 65,240 and the NSE Nifty-50 Index down 0.74 per cent at 19,382. About 1,790 shares have advanced, 1,770 declined and 155 are unchanged on BSE.  

Mafatlal Industries Ltd.’s shares zoomed 20 per cent upper circuit to Rs 81.93 per share from its previous closing of Rs 68.28 with a spurt in volume by more than 39.46 times on BSE. The recent Quarterly Results that ended June 30, 2023, were the reason that the stock hit the upper circuit and 52-week high. The net sales increased by 53 per cent and net profit increased by 68.75 per cent in Q1FY24 over Q1FY23.

Salora International Ltd.’s stock was locked in a 20 per cent upper circuit to Rs 50.74 per share from its previous closing of Rs 42.29 with a spurt in volume by more than 4.73 times on BSE. The stock traded at a new 52-week high of Rs 5074 and in just 3 years it gave multibagger returns of 250 per cent to its investors.

Anik Industries Ltd.’s shares saw heavy buying and hit a 20 per cent upper circuit to Rs 40.73 per share with a spurt in volume by more than 3.37 times on BSE. The company is expected to give good quarterly results. The stock is trading at 0.66 times it is book value.

Following is the list of low-priced stocks that were locked in the upper circuit on August 03:

Investors should keep an eye on these stocks.

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