Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
On Wednesday, Benchmark indices concluded the trading day on a negative note as Sensex closed down by 0.62 per cent at 80,182.21, while Nifty closed lower by 0.56 per cent and closed at 24,198.85 level. However, the Broader market, Nifty Midcap closed lower by 0.64 per cent at 58,723.25, while Nifty Smallcap closed lower by 0.87 per cent and closed at 19,230.35.
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Market volatility, as indicated by India VIX, declined by 0.83 per cent and is trading at the level of 14.37 reflecting a slight fall in market volatility.
Top 3 price-volume breakout stocks:
E.I.D-Parry (India) Ltd: E.I.D-Parry (India) Ltd achieved a 52-week high of Rs 997 today and is currently trading at Rs 974. The trading volume reached 66.86 lakh shares, indicating a volume spike. The previous close was Rs 926.7, and the stock has gained 5.10 per cent in today's session. The market cap stands at Rs 17,262.15 crore. With returns of 81.41 per cent from the 52-week low, the stock shows strong momentum. Key observations include a price-volume breakout and a 52-week high breakout, reflecting increased participation in today’s trading.
Garuda Construction and Engineering Ltd: Garuda Construction and Engineering Ltd is currently trading at Rs 104, showing a 9.65 per cent increase from its previous close of Rs 94.85. The trading volume was 57.87 lakh shares, indicating heightened activity. The stock has returned 34.98 per cent from its 52-week low and reached a high of Rs 106.28 today. The market cap is Rs 951.20 crore. Observations include a price-volume breakout and a volume spike in this recently listed IPO.
Bajaj Healthcare Ltd: Bajaj Healthcare Ltd reached a 52-week high of Rs 563.1 and is currently trading at Rs 560. The stock recorded a trading volume of 50.91 lakh shares, reflecting a significant spike. The previous close was Rs 469.25, leading to a 19.34 per cent gain today. With a market cap of Rs 1,758.86 crore, the stock has delivered multibagger returns of 112.69 per cent from its 52-week low. Observations include a price-volume breakout, a volume spike, and a 52-week high breakout.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Eid Parry India Limited
|
974
|
66,86,932
|
|
2
|
Garuda Construction and Engineering Ltd
|
102.92
|
57,86,895
|
|
3
|
Bajaj Healthcare Ltd
|
560
|
50,90,583
|
|
4
|
K.p.r. Mill Limited
|
1128.5
|
46,94,582
|
|
5
|
Le Travenues Technology Ltd
|
162.7
|
46,09,644
|
|
6
|
Bharti Hexacom Ltd
|
1545.85
|
43,76,746
|
|
7
|
KFin Technologies Ltd
|
1328.7
|
41,96,851
|
|
8
|
Sutlej Textiles And Industries Limited
|
75.1
|
31,39,372
|
|
9
|
Cosmo Films Ltd
|
1008.6
|
24,86,605
|
|
10
|
Mankind Pharma Ltd
|
2805.95
|
23,80,103
|
Disclaimer: The article is for informational purposes only and not investment advice.