Watch out for these low-priced stocks tomorrow!
Mid-cap stocks were batting on the front foot and outperformed the broader markets today.
On Tuesday, the Indian equity markets closed in the green territory with strong gains. Nifty 50 climbed 1.10 per cent to end the session at 17,816.2. The Mid-Cap stocks were batting on the front foot and outperformed the broader markets today.
The following low-priced stocks are likely to be in focus on Wednesday, September 21, 2022:
McLeod Russel India – A solid price volume breakout was witnessed in this counter in the first half of the trading session today. Only buyers were seen in the counter today as the scrip locked at 10 per cent upper circuit, recording a fresh 52-week high of Rs 37.65 per share on NSE. McLeod Russel India Ltd is a part of Williamson Magor Group. The company is engaged in the business of cultivation, manufacture, and sale of tea in the domestic as well as international markets.
Shree Renuka Sugars - Heavy buying was seen in the counter today as the scrip rallied more than 13 per cent to touch an intraday high of Rs 57.75 per share on NSE. The company recently informed the exchange that the expanded capacity for ethanol production, from 720 KLPD to 1,250 KLPD, is expected to go on stream by December 2022. The company's stock has gained 23.04 per cent over the last one month.
Following is the list of low-priced price volume breakout stocks that witnessed heavy buying in today’s session:
|
Low-priced stock
|
LTP
|
Gain (%)
|
Volume change
|
|
Transchem
|
35.4
|
20
|
5.32
|
|
Sonal Mercantile
|
71.4
|
20
|
2.18
|
|
Airo Lam
|
88.55
|
19.99
|
30.7
|
|
Lex Nimble Solutions
|
53.45
|
18.91
|
2
|
|
Captain Technocast
|
47.3
|
18.25
|
1.5
|
|
Emmessar Biotech & Nutrition
|
28.95
|
13.31
|
2.43
|
|
Mitshi India
|
13.25
|
13.15
|
5.72
|
Keep a close eye on these counters for the upcoming sessions!