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Shares below Rs 100: Only buyers were seen in these stocks on May 16
Kiran Shroff
/ Categories: Trending, Mindshare

Shares below Rs 100: Only buyers were seen in these stocks on May 16

About 1,843 shares have advanced, 1,681 declined and 135 are unchanged on BSE.  

On Tuesday, at 03:30 pm, indices ended the trading session lower with the BSE Sensex Index down 0.66 per cent at 61,932.47 and the NSE Nifty-50 Index down 0.61 per cent at 18,286.50.  

About 1,843 shares have advanced, 1,681 declined and 135 are unchanged on BSE.   Jigar Cables Ltd manufactures electric wires and cables. The shares of the company zoomed 20 per cent upper circuit to Rs 45.84 per share. The shares of the company hit a 52-week high of Rs 45.84 per share with a saw a spurt in volume by more than 4.33 times on BSE. 

Tanvi Foods Ltd is in the business of manufacturing corn samosa, spring rolls & trading frozen foods. The company's shares saw heavy buying and hit a 10 per cent upper circuit as the company announced fundraising. 

Intec Capital Ltd is an NBFC which provides loans mainly to small and medium enterprises (SME). The shares of the company saw heavy buying and locked in a 10 per cent upper circuit with a spurt in volume by more than 3.74 times on BSE. 

Following is the list of low-priced stocks that were locked in the upper circuit on May 16: 

Company Name 

LTP (Rs) 

% Change in Price 

Jigar Cables Ltd 

45.84 

20 

Tanvi Foods India Ltd 

94.16 

10 

Intec Capital Ltd 

19.8 

10 

Faze Three Autofab Ltd 

87.43 

9.99 

Loyal Equipments Ltd 

83.42 

9.99 

Innovassynth Investments Ltd 

25.55 

9.99 

Bloom Dekor Ltd 

10.47 

9.98 

Indong Tea Company Ltd

23.16 

9.97 

Amanaya Ventures Ltd 

13.03 

9.96 

Odyssey Technologies Ltd 

81.94 

Investors should keep an eye on these stocks. 

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