Shares below Rs 100: Only buyers were seen in these stocks on August 30
About 2,302 shares have advanced, 1,343 declined and 145 are unchanged on BSE.
On Wednesday, at 03:30 pm, indices ended the trading session in green with the BSE Sensex Index up 0.02 per cent at 65,087 and the NSE Nifty-50 Index up 0.02 per cent at 19,347. About 2,302 shares have advanced, 1,343 declined and 145 are unchanged on BSE.
The indices in the broader markets were trading higher, with the BSE Mid-Cap index up 0.55 per cent and the BSE Small-Cap index up 0.83 per cent, respectively. The top mid-cap gainers were Bharat Heavy Electricals Ltd and Indian Hotels Company Ltd while the top small-cap gainers were Shakti Pumps (India) Ltd and Atul Auto Ltd.
Tuticorin Alkali Chemicals & Fertilizers Ltd.’s shares were locked in a 20 per cent upper circuit to Rs 72.97 per share with a spurt in volume by more than 12.31 times on BSE. The stock gave multibagger returns of 620 per cent in just 2 years. The company reported a net sales of Rs 99 crore in Q1FY24 and net profit increased by 35.7 per cent to Rs 19 crore in Q1FY24 compared to Q1FY23. The stock has a PE of 8.48x whereas the industry PE is 16.8x.
Niyogin Fintech Ltd saw heavy buying and hit a 5 per cent upper circuit to Rs 87.86 per share. The company allotted 1,75,36,011 warrants, each convertible into, or exchangeable for, 1 (one) fully paid-up equity share of the Company of the face value of Rs 10 each (Warrants). The stock gave multibagger returns of 165 per cent in just 6 months.
Following is the list of low-priced stocks that were locked in the upper circuit on August 30:
|
Stock Name
|
LTP (Rs)
|
% Change in Price
|
|
Tuticorin Alkali Chemicals and Fertilizers Ltd
|
72.97
|
20
|
|
Valson Industries Ltd
|
27.62
|
19.98
|
|
Take Solutions Ltd
|
21.86
|
19.98
|
|
Heads UP Ventures Ltd
|
12.61
|
19.98
|
|
SIEL Financial Services Ltd
|
12.45
|
19.94
|
|
Pecos Hotels and Pubs Ltd
|
93.53
|
10
|
|
Naapbooks Ltd
|
90.20
|
10
|
|
Cindrella Hotels Ltd
|
59.23
|
9.99
|
|
Scoobee Day Garments (India) Ltd
|
96.4
|
9.98
|
|
Vapi Enterprise Ltd
|
90.30
|
5
|
|
Niyogin Fintech Ltd
|
87.86
|
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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