Watch out for these low-priced stocks tomorrow!
Top large cap gainers of the day include Adani Ports, Titan, Tech Mahindra & Axis Bank.
With positive global cues in play, optimism was witnessed in domestic equity markets on Monday. Headline benchmark index Sensex ended at 60,115.1, up by 0.54 per cent i.e. 321.99 points. Top large cap gainers of the day include Adani Ports, Titan, Tech Mahindra & Axis Bank.
BSE Mid-Cap and Small-Cap indices outperformed broader markets, climbing by ~1.00 per cent each.
The following low-priced stocks are likely to be in focus on Tuesday, September 13, 2022:
Oswal Agro Mills – The company’s stock gave a solid price volume breakout, inching higher to hit a 20 per cent upper circuit and recording a fresh 52-week high of Rs 48.20 per share on NSE. Only buyers were seen in this scrip while the stock is currently trading at a high PE of 325.13. The company is engaged in the business of trading/developing real estate, goods, etc., and also, lends its surplus funds as interest-bearing inter-corporate deposits. The company is almost debt-free.
Ujjivan Small Finance Bank – Only buyers were seen at the counter during early market hours while the scrip rallied 5 per cent to register a fresh 52-week high of Rs 25.50 per share. The stock has recorded gains of 12.50 per cent over the last five trading sessions. The company is a reputed mass-market focussed bank in India, catering to financially unserved & underserved segments and committed to building financial inclusion in the country.
Omax Autos – After recording gains of more than 16 per cent during Friday’s session, the scrip rallied over 12 per cent in today’s session to record a fresh 52-week high of Rs 76 per share on the bourses. The shares of the company have furnished returns of more than 25 per cent over just two trading sessions. The stock is currently trading at a PE of 5.85 and approximately 0.5 times book value. Founded in 1983, it manufactures sheet metal, tubular, and machined components.
Following is the list of low-priced price volume breakout stocks that witnessed heavy buying in today’s session:
|
Low-Priced stock
|
LTP
|
Gain (%)
|
Vol Gain (times)
|
|
Choksi Imaging
|
48.3
|
20
|
20.5
|
|
Arrow Greentech
|
98.2
|
19.98
|
2.74
|
|
Oswal Agro Mills
|
48.2
|
19.9
|
5.9
|
|
U H Zaveri
|
24.1
|
19.9
|
3
|
|
Modern Dairies
|
11.78
|
14.59
|
6.05
|
|
Bhilwara Technical Textiles
|
21.65
|
13.35
|
2.22
|
Keep a close eye on these counters for the upcoming sessions!