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Shares below Rs 100: Only buyers were seen in these stocks on August 25
Kiran Shroff
/ Categories: Trending, Mindshare

Shares below Rs 100: Only buyers were seen in these stocks on August 25

About 1,494 shares have advanced, 2,145 declined and 124 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 64,886.51 and the NSE Nifty-50 Index up 0.62 per cent at 19,265.80. About 1,494 shares have advanced, 2,145 declined and 124 are unchanged on BSE.  

Daikaffil Chemicals India Ltd.’s shares were locked in 20 per cent upper circuit to Rs 36.06 per share with a spurt in volume by more than 5.31 times on BSE. The stock also traded at a new 52-week high is Rs 36.06 per share. The company performed worst in both Quarterly Results and annual results. The stock currently is trading at 0.99 times its book value of Rs 36.9. The stock is up by 60 per cent in just 1 month.

Graviss Hospitality Ltd.’s shares saw heavy buying and hit a 20 per cent upper circuit to Rs 32.42 per share with a spurt in volume by more than 2.68 times on BSE. The stock hit upper circuits after reporting excellent quarterly results. The stock gave multibagger returns of 120 per cent in just 2 years.

Mercury EV-Tech Ltd.’s shares saw heavy buying and hit a 5 per cent upper circuit to Rs 34.42 per share from its previous closing of Rs 32.79. The stock also traded at a new 52-week high of Rs 34.42 per share. The net sales increased by 273 per cent to Rs 6.35 crore and net profit skyrocketed 7,300 per cent to Rs 0.74 crore in Q1FY24 compared to Q1FY23. The stock gave multibagger returns of 115 per cent in just 6 months and over 9,400 per cent returns in 5 years.  

DSIJ's Penny Pick service provides research-backed penny stock recommendations below Rs 100. If this interests you, you can download the service details here.

Following is the list of low-priced stocks that were locked in the upper circuit on August 25:

Stock Name

LTP (Rs)

% Change in Price

Daikaffil Chemicals India Ltd

36.06

20

Graviss Hospitality Ltd

32.42

19.99

Labelkraft Technologies Ltd

85.77

9.99

SSPDL Ltd

15.66

9.97

Gagan Gases Ltd

15.01

9.96

Gujchem Distillers India Ltd

66.15

5

Machhar Industries Ltd

44.94

5

Karma Energy Ltd

42.45

5

Jaipan Industries Ltd

40.53

5

KZ Leasing and Finance Ltd

24.57

5

Mercury Ev-Tech Ltd

34.42

5

Investors should keep an eye on these stocks.

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

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