Shares below Rs 100: Only buyers were seen in these stocks on July 11
About 1,948 shares have advanced, 1,532 declined and 121 are unchanged on BSE.
On Tuesday, at 03:30 pm, indices ended the trading session in green with the BSE Sensex Index up 0.42 per cent at 65,617.84 and the NSE Nifty-50 Index up 0.43 per cent at 19,439.40. About 1,948 shares have advanced, 1,532 declined and 121 are unchanged on BSE.
Suyog Gurbaxani Funicular Ropeways Limited provides infrastructure construction services. The stock was locked in a 20 per cent upper circuit to Rs 61.20 per share. The stock also traded at a new 52-week high of Rs 61.20 per share with a spurt in volume by more than 3 times on BSE.
BCPL Railway Infrastructure Limited (BCRIL) provides railway infrastructure construction services. The shares of the company zoomed 20 per cent upper circuit to Rs 64.23 per share. The shares of the company also traded at a new 52-week high of Rs 64.23 per share and saw a spurt in volume by more than 20 times on BSE. The stock is up by 80 per cent in just 1 year.
Patel Engineering Ltd undertakes civil construction and engineering projects. The company participates in building dams, tunnels, etc both in India and abroad. The company's shares saw heavy buying and hit a 5 per cent upper circuit to Rs 39.49 per share. In June 2023, Vijay Kedia, a well-known and successful investor, raised his stake in the company by 0.39 per cent, leading to a cumulative ownership of 1.68 per cent. Furthermore, the stock gave multibagger returns of 140 per cent in just 6 months.
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Following is the list of low-priced stocks that were locked in the upper circuit on July 11:
Stock Name
|
LTP (Rs)
|
% Change in Price
|
Suyog Gurbaxani Funicular Ropeways Ltd
|
61.20
|
20
|
BCPL Railway Infrastructure Ltd
|
64.23
|
19.99
|
MIRC Electronics Ltd
|
21.58
|
19.96
|
Sonalis Consumer Products Ltd
|
86.57
|
10
|
PC Jeweller Ltd
|
35.90
|
9.99
|
Peninsula Land Ltd
|
26.54
|
9.99
|
Valencia Nutrition Ltd
|
36.59
|
9.98
|
Sita Enterprises Ltd
|
19.72
|
9.98
|
Patel Engineering Ltd
|
39.49
|
5
|
Singer India Ltd
|
76.33
|
4.99
|
Investors should keep an eye on these stocks.