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Shares below Rs 100: Only buyers were seen in these stocks on August 07
Kiran Shroff
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Shares below Rs 100: Only buyers were seen in these stocks on August 07

About 2,026 shares have advanced, 1,663 declined and 198 are unchanged on BSE.

On Monday, at 03:30 pm, indices ended the trading session in green with the BSE Sensex Index up 0.35 per cent at 65,953.48 and the NSE Nifty-50 Index up 0.41 per cent at 19,597.30. About 2,026 shares have advanced, 1,663 declined and 198 are unchanged on BSE.  

Aksh Optifibre Ltd.’s shares zoomed 20 per cent upper circuit to Rs 12 per share from its previous closing of Rs 10 with a spurt in volume by more than 6.56 times on BSE. The stock gave multibagger returns of 142 per cent in 3 years whereas BSE Sensex Index is up by 73 per cent.

Techindia Nirman Ltd.’s stock was locked in a 20 per cent upper circuit to Rs 12.96 per share from its previous closing of Rs 10.80 with a spurt in volume by more than 1.33 times on BSE. The Board of Directors of the company will hold a meeting on Friday, August 11, 2023 inter-alia to consider Quarterly Results ended June 30, 2023. The company is engaged in the business of infrastructure development.

Eastern Treads Ltd.’s shares saw heavy buying and hit a 20 per cent upper circuit to Rs 39 per share with a spurt in volume by more than 25.69 times on BSE. The Board of Directors of the company will hold a meeting on Thursday, August 14, 2023 inter-alia to consider quarterly results ended June 30, 2023. The stock gave multibagger returns of over 250 per cent in 1 decade.  

Following is the list of low-priced stocks that were locked in the upper circuit on August 07:

Stock Name

LTP (Rs)

% Change in Price

Aksh Optifibre Ltd

12

20

Techindia Nirman Ltd

12.96

20

Eastern Treads Ltd

39

20

Silver Oak (India) Ltd

60.97

20

Motor & General Finance Ltd

47.84

19.99

Maestros Electronics & Telecommunications Systems Ltd

83.56

19.99

Balurghat Technologies Ltd

15.86

19.97

Media Matrix Worldwide Ltd

15.22

19.94

Patron Exim Ltd

10.89

10

Raw Edge Industrial Solutions Ltd

46.88

10

Sam Industries Ltd

70.98

10

Investors should keep an eye on these stocks.

Disclaimer: The article is for informational purposes only and not investment advice.

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2 comments on article "Shares below Rs 100: Only buyers were seen in these stocks on August 07"

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