Shares below Rs 100: Only buyers were seen in these stocks on August 09

About 2,031 shares have advanced, 1,557 declined and 155 are unchanged on BSE.

On Wednesday, at 03:30 pm, indices ended the trading session in green with the BSE Sensex Index up 0.23 per cent at 65,995.81 and the NSE Nifty-50 Index up 0.32 per cent at 19,632.55. About 2,031 shares have advanced, 1,557 declined and 155 are unchanged on BSE.  

Simplex Infrastructures Ltd.’s shares zoomed 20 per cent upper circuit to Rs 41.40 per share with a spurt in volume by more than 12.79 times on BSE. The Board of Directors of the company will hold a meeting on Monday, August 14, 2023 inter-alia to consider Quarterly Results that ended June 30, 2023.

Rattanindia Enterprises Ltd.’s stock was locked in a 20 per cent upper circuit to Rs 54.73 per share with a spurt in volume by more than 2.51 times on BSE. The company announced its quarterly results which were the main reason for the increase in stock price. The net sales increased by 24 per cent and net profit skyrocketed by 189.47 per cent in Q1FY24 over Q1FY23. The stock gave multibagger returns of 625 per cent in 3 years whereas BSE Sensex Index is up by 73.49 per cent.

Orissa Bengal Carrier Ltd.’s shares saw heavy buying and hit a 20 per cent upper circuit to Rs 55.59 per share with a spurt in volume by more than 41.62 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.

Following is the list of low-priced stocks that were locked in the upper circuit on August 09:

Investors should keep an eye on these stocks.

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