Shares below Rs 100: Only buyers were seen in these stocks on June 05
About 2,160 shares have advanced, 1,498 declined and 182 are unchanged on BSE.
On Monday, at 03:30 pm, indices were trading in green with the BSE Sensex Index up 0.38 per cent at 62,787.47 and the NSE Nifty-50 Index up 0.32 per cent at 18,593.85. About 2,160 shares have advanced, 1,498 declined and 182 are unchanged on BSE.
Vedavaag Systems Ltd develops and markets computer software. The company's shares saw heavy buying and hit a 20 per cent upper circuit to Rs 49.09 per share. The sudden rise in stock price was due to positive Quarterly Results and annual results. The shares of the company saw a spurt in volume by more than 22.28 times on BSE.
Chothani Foods Ltd manufactures masala and spices. The shares of the company zoomed 20 per cent upper circuit to Rs 15.84 per share with a spurt in volume by more than 4.20 times on BSE. The company reported fantastic results in its quarterly results annual results hitting back-to-back upper circuits. The stock gave multibagger returns of 157 per cent in just 2 years.
Jaipan Industries Ltd is in the business of manufacturing, trading and servicing electronic household accessories. The company's shares saw heavy buying and hit a 20 per cent upper circuit to Rs 34.54 per share. The stock gave multibagger returns of 118 per cent in just 1 year. The company announced amazing numbers in its quarterly and annual results which was the reason for a sudden rise in stock price.
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Following is the list of low-priced stocks that were locked in the upper circuit on June 05:
Investors should keep an eye on these stocks.