DSIJ Mindshare

Shares below Rs 100: Only buyers were seen in these stocks on July 04
Kiran Shroff
/ Categories: Trending, Mindshare

Shares below Rs 100: Only buyers were seen in these stocks on July 04

About 1,642 shares have advanced, 1,858 declined and 123 are unchanged on BSE.  

On Tuesday, at 03:30 pm, indices ended the trading session higher with the BSE Sensex Index up 0.42 per cent at 65,479.05 and the NSE Nifty-50 Index up 0.34 per cent at 19,389. About 1,642 shares have advanced, 1,858 declined and 123 are unchanged on BSE.  

Bedmutha Industries is a leading manufacturer & exporter of wire rope, tyre bead wire and galvanized wires among other types of wires. It is also involved in EPC projects and consultancy division.  The stock was locked in a 20 per cent upper circuit to Rs 65.71 per share. The shares of the company saw a spurt in volume by more than 2.03 times on BSE and gave multibagger returns of 370 per cent in just 3 years.

Sonalis Consumer Products Limited is engaged in the distribution of nutritious bars and healthy snacks. The shares of the company zoomed 20 per cent upper circuit to Rs 56.88 per share. The stock also traded at a new 52-week high of Rs 56.88 per share.

Alankit Ltd is mainly in the business of e-Governance and e-Governance products. The company’s e-Governance Business has developed a proven track record through the successful completion of several e-Governance Projects. The company's shares saw heavy buying and hit a 20 per cent upper circuit to Rs 11.31 per share with a spurt in volume by more than 2 times on BSE. The stock gave multibagger returns of 200 per cent in 1 decade.

Want more insightful stories along with recommendations?
Get a 3-month subscription to experience the power of our flagship DSIJ Magazine (online edition) for just Rs 800/-  Click here to subscribe now

Following is the list of low-priced stocks that were locked in the upper circuit on July 04:  

Company Name

LTP (Rs)

% Change in Price

Bedmutha Industries Ltd

65.71

20

Sonalis Consumer Products Ltd

56.88

20

Alankit Ltd

11.31

19.94

Goldstone Technologies Ltd

80.49

9.99

Rajkamal Synthetics Ltd

25.87

9.99

Tirupati Foam Ltd

75.63

5

Sharda Ispat Ltd

75.6

5

Tanvi Foods (India) Ltd

73.55

5

GPT Infraprojects Ltd

68.29

5

Somi Conveyor Beltings Ltd

58.8

5

Investors should keep an eye on these stocks.

Previous Article $64 billion HDFC merger deal but bankers get mere 0.0002 per cent in fees!
Next Article Penny Stocks: Stocks likely to be in focus tomorrow!
Print
2017 Rate this article:
3.7
Please login or register to post comments.
DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR