Shares below Rs 100: Only buyers were seen in these stocks on August 14
About 1,553 shares have advanced, 2,175 declined and 167 are unchanged on BSE.
On Monday, at 03:30 pm, indices ended the trading session in green with the BSE Sensex Index up 0.12 per cent at 65,402 and the NSE Nifty-50 Index up 0.03 per cent at 19,435. About 1,553 shares have advanced, 2,175 declined and 167 are unchanged on BSE.
Texmo Pipes and Products Ltd.’s stock was locked in a 20 per cent upper circuit to Rs 68.32 per share with a spurt in volume by more than 13.30 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 25.73 per cent and net profit skyrocketed by 1,556 per cent in Q1FY24 over Q1FY23. The stock gave multibagger returns of 395 per cent in 3 years whereas BSE Sensex Index is up by 72.67 per cent.
Wallfort Financial Services Ltd.’s shares zoomed 20 per cent upper circuit to Rs 73.11 per share with a spurt in volume by more than 21.13 times on BSE. The stock also traded at a new 52-week high of Rs 73.11 per share. The company announced its quarterly results which were the main reason for the increase in stock price. The net sales skyrocketed by 1,700 per cent and net profit skyrocketed by 1,700 per cent in Q1FY24 over Q1FY23. The stock gave multibagger returns of 390 per cent in 3 years whereas BSE Sensex Index is up by 72.67 per cent.
Patel Engineering Ltd.’s shares saw heavy buying and hit a 5 per cent upper circuit to Rs 50.34 per share. The company announced its quarterly results which were the main reason for the increase in stock price wherein net sales increased by 24.20 per cent and net profit increased by 16.22 per cent in Q1FY24 over Q1FY23. The company has a robust order book of over Rs 20,000 crore. The stock gave multibagger returns of 264 per cent in just 6 months.
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Following is the list of low-priced stocks that were locked in the upper circuit on August 14:
|
Stock Name
|
LTP (Rs)
|
% Change in Price
|
|
Ganga Pharmaceuticals Ltd
|
10.74
|
20
|
|
Aspira Pathlab & Diagnostics Ltd
|
32.64
|
20
|
|
Texmo Pipes and Products Ltd
|
68.32
|
19.99
|
|
Wallfort Financial Services Ltd
|
73.11
|
19.99
|
|
Nilachal Refractories Ltd
|
42.33
|
19.98
|
|
Beryl Drugs Ltd
|
20.25
|
19.96
|
|
Simplex Infrastructures Ltd
|
55.03
|
9.99
|
|
Eiko Lifesciences Ltd
|
61.91
|
9.98
|
|
R S Software (India) Ltd
|
46.83
|
5
|
|
RPP Infra Projects Ltd
|
63.06
|
5
|
|
Patel Engineering Ltd
|
50.34
|
5
|
Investors should keep an eye on these stocks.
Disclaimer: The article is for informational purposes only and not investment advice.