Shares below Rs 100: Only buyers were seen in these stocks on September 05
A total of 2,146 shares advanced, 1,527 declined, and 144 were unchanged on the BSE.
The BSE Sensex and NSE Nifty-50 indices ended the trading session on Tuesday in positive territory, with the Sensex up 0.23 per cent at 65,780 and the Nifty up 0.24 at 19,575. A total of 2,146 shares advanced, 1,527 declined, and 144 were unchanged on the BSE.
3i Infotech Ltd – The company announces its partnership with InsureMO, a world-leading Insurance Middleware Platform. The stock hit a 20 per cent upper circuit after the news and saw a spurt a sudden spurt in volume by more than 17.82 times on BSE. The stock gave multibagger returns of 965 per cent in just 3 years.
MMTC Ltd – The shares of the company saw a sudden rise due to 8 block deals on NSE. In just 2 days the stock is up by 48 per cent hitting back-to-back upper circuits. The stock has a PE of 7.31x and an ROE of 85 per cent. The shares of the company saw a spurt in volume by more than 5 per cent and made a new 52-week high of Rs 62.96.
GMR Power and Urban Infra Ltd – The stock is hitting back-to-back upper circuits and 52-week highs because the company received orders worth Rs 5,123.37 crore for the smart meters project from Purvanchal Vidyut Vitran Nigam Limited.
Patel Engineering Ltd- This Vijay Kedia portfolio multibagger penny stock hit a 5 per cent upper circuit as the company in a joint venture bags an urban infrastructure development project of Rs 1,275.30 crore from Madhya Pradesh Jal Nigam. The company's share in the contract is Rs 446.36 crore. The shares of the company saw a spurt in volume by more than 4.18 times on BSE and gave 280 per cent returns in just 6 months. The company has an order book of over Rs 20,000 crore which is 5 times its market cap of Rs 4,500 crore.
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Following is the list of low-priced stocks that were locked in the upper circuit on September 05:
|
Stock Name
|
LTP (Rs)
|
% Change in Price
|
|
3i Infotech Ltd
|
40.02
|
20
|
|
Ranjeet Mechatronics Ltd
|
32.40
|
20
|
|
Gilada Finance and Investments Ltd
|
15.66
|
20
|
|
MMTC Ltd
|
62.96
|
19.99
|
|
Dish TV India Ltd
|
21.31
|
19.99
|
|
GMR Power and Urban Infra Ltd
|
37.66
|
9.99
|
|
Patel Engineering Ltd
|
58.35
|
5
|
|
Servoteach Industries Ltd
|
16.18
|
5
|
|
DMR Hydroengineering & Infrastructres Ltd
|
69.67
|
4.99
|
|
Deccan Gold Mines Ltd
|
91.08
|
4.99
|
|
Oriental Rail Infrastructure Ltd
|
85.57
|
4.99
|
Investors should keep an eye on these stocks.
Disclaimer: The article is for informational purposes only and not investment advice.