Shares below Rs 100: Only buyers were seen in these stocks on August 11
About 1,524 shares have advanced, 2,049 declined and 151 are unchanged on BSE.
On Friday, at 03:30 pm, indices ended the trading session in red with the BSE Sensex Index down 0.56 per cent at 65,323 and the NSE Nifty-50 Index down 0.59 per cent at 19,428. About 1,524 shares have advanced, 2,049 declined and 151 are unchanged on BSE.
PH Capital Ltd.’s stock was locked in a 20 per cent upper circuit to Rs 80.83 per share with a spurt in volume by more than 22.80 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 182 per cent and net profit skyrocketed by 168 per cent in Q1FY24 over Q1FY23. The stock gave multibagger returns of 570 per cent in 3 years whereas BSE Sensex Index is up by 70 per cent.
Steel Strips Infrastructures Ltd.’s shares zoomed 20 per cent upper circuit to Rs 22.17 per share with a spurt in volume by more than 4.95 times on BSE. The stock also traded at a new 52-week high of Rs 84 per share. The stock price rose after the company announced its quarterly results wherein the company reported positive numbers.
Inter Globe Finance Ltd.’s shares saw heavy buying and hit a 10 per cent upper circuit to Rs 28.01 per share with a spurt in volume by more than 1.02 times on BSE. The company announced its quarterly results which were the main reason for the increase in stock price wherein net sales increased by 250 per cent and net profit increased by 276 per cent in Q1FY24 over Q1FY23.
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Following is the list of low-priced stocks that were locked in the upper circuit on August 11:
|
Stock Name
|
LTP (Rs)
|
% Change in Price
|
|
P H Capital Ltd
|
80.83
|
20
|
|
Steel Strips Infrastructures Ltd
|
22.17
|
19.97
|
|
Franklin Industries ltd
|
19.69
|
10
|
|
United Credit Ltd
|
15.51
|
10
|
|
Inter Globe Finance Ltd
|
28.01
|
9.97
|
|
Nagarjuna Fertilizers and Chemicals Ltd
|
11.53
|
9.91
|
|
Bafna Pharmaceuticals Ltd
|
95.81
|
5
|
|
Emergent Industrial Solutions Ltd
|
95.55
|
5
|
|
Bilcare Ltd
|
92.25
|
5
|
|
Rapicut Carbides Ltd
|
66.16
|
5
|
|
Barak Valley Cements Ltd
|
37.17
|
5
|
Investors should keep an eye on these stocks.
Disclaimer: The article is for informational purposes only and not investment advice.