Shares below Rs 100: Only buyers were seen in these stocks on August 29

Shares below Rs 100: Only buyers were seen in these stocks on August 29

Kiran Shroff
/ Categories: Trending, Mindshare

About 2,071 shares have advanced, 1,521 declined and 156 are unchanged on BSE.

On Tuesday, at 03:30 pm, indices ended the trading session in green with the BSE Sensex Index up 0.12 per cent at 65,076 and the NSE Nifty-50 Index up 0.19 per cent at 19,343. About 2,071 shares have advanced, 1,521 declined and 156 are unchanged on BSE.  

Kalyani Capital Ltd.’s shares were locked in a 10 per cent upper circuit to Rs 19.99 per share with a spurt in volume by more than 4.08 times on BSE. The stock is up by 175 per cent in just 2 years. In Q1FY24, the net sales increased by 65 per cent to Rs 5.97 crore and net profit increased by 108 per cent to Rs 1.75 crore compared to Q1FY23.

Patel Engineering Ltd, a multibagger stock in Vijay Kedia's portfolio, saw heavy buying and hit a 5 per cent upper circuit to Rs 59.86 per share with a spurt in volume by 3.12 times on BSE. The company, along with its joint venture (JV) partner, has received a letter of award for the Dibang Multipurpose Project for the construction of civil works for Lot 4 from NHPC Limited. Patel Engineering is a 50 per cent partner in the JV valued at Rs 3,637.12 crore, and its share in the project is Rs 1,818.56 crore. Vijay Kedia owns a 1.68 per cent stake in the company. The stock has given multibagger returns of 320 per cent in just six months.

Suzlon Energy Ltd, a multibagger stock in Mukul Agarwal's portfolio, saw heavy buying and hit a 5 per cent upper circuit to Rs 24.66 per share. The stock gave multibagger returns of 200 per cent in just 6 months. The company received 2 orders, Order 1 won a 201.6 MW order from O2 Power Private Limited (Teq Green Power XI Private Limited) and another one secured a 31.5 MW from Integrum Energy Infrastructure Private Limited.

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Following is the list of low-priced stocks that were locked in the upper circuit on August 29:  

Stock Name 

LTP (Rs) 

% Change in Price 

Orient Press Ltd 

94.28 

19.99 

GG Dandekar Machine Works Ltd 

80.44 

19.99 

Promax Power Ltd 

66.55 

10 

Ravinder Heights Ltd 

43.72 

9.99 

Gian Life Care Ltd 

23.17 

9.97 

Kalyan Capitals Ltd 

19.99 

9.96 

Oriental Rail Infrastructure Ltd 

69.1 

Patel Engineering Ltd 

59.86 

Texmo Pipes and Products Ltd 

77.64 

Crane Infrastructure 

33.89 

Suzlon Energy Ltd 

24.66 

4.98 

Investors should keep an eye on these stocks.

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

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