Shares below Rs 100: Only buyers were seen in these stocks on August 21

Shares below Rs 100: Only buyers were seen in these stocks on August 21

Kiran Shroff
/ Categories: Trending, Mindshare

About 2,097 shares have advanced, 1,623 declined and 187 are unchanged on BSE.

On Monday, at 03:30 pm, indices ended the trading session in green with the BSE Sensex Index up 0.41 per cent at 65,216 and the NSE Nifty-50 Index up 0.43 per cent at 19,964. About 2,097 shares have advanced, 1,623 declined and 187 are unchanged on BSE.  

JMJ Fintech Ltd.’s shares saw heavy buying and hit a 20 per cent upper circuit to Rs 22.14 per share with a spurt in volume by more than 3.91 times on BSE. The stock is hitting back-to-back upper circuits after reporting excellent Quarterly Results. The net sales increased by 1,017.14 per cent and net profit increased by 290 per cent in Q1FY24 over Q1FY23. The stock gave multibagger returns of over 180 per cent in just 2 years.

Crane Infrastructure Ltd.’s shares saw heavy buying and hit a 10 per cent upper circuit to Rs 24.21 per share with a spurt in volume by more than 11.77 times on BSE. The stock is hitting back-to-back upper circuits and 52-week highs after reporting excellent quarterly results. The net sales increased by 865 per cent and net profit increased by 664 per cent in Q1FY24 over Q1FY23. The stock gave multibagger returns of 182 per cent in just 1 year.

Vintage Coffee and Beverages Ltd.’s shares zoomed 5 per cent upper circuit to Rs 21.84 per share with a spurt in volume by more than 2.32 times on BSE. The Board of the company announced the rights issue of shares with ex-traded on June 19, 2023. The stock’s 52-week high is Rs 86.82 and its 52-week low is Rs 16.77.

DSIJ's Penny Pick service provides research-backed penny stock recommendations below Rs 100. If this interests you, you can download the service details here.

Following is the list of low-priced stocks that were locked in the upper circuit on August 21:

Stock Name

LTP (Rs)

% Change in Price

Shine Fashions (India) Ltd

64.8

20

Mercantile Ventures Ltd

22.26

20

JMJ Fintech Ltd

22.14

20

WSFx Global Pay Ltd

60.92

19.99

Promax Power Ltd

46.35

19.98

Singer India Ltd

82.73

10

Crane Infrastructure Ltd

24.21

10

Goldstone Technologies Ltd

86.31

5

Vintage Coffee and Beverages Ltd

21.84

5

Mirza International Ltd

44.43

5

Investors should keep an eye on these stocks.

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

Previous Article Market Wrap: Benchmark indices conclude the day with notable gains!
Next Article In an interaction with Santanu Agarwal, Deputy Managing Director of Paisalo Digital Limited
Rate this article:
3.7

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR