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Shares below Rs 100: Only buyers were seen in these stocks on November 18!
Mandar Wagh
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Shares below Rs 100: Only buyers were seen in these stocks on November 18!

Shares of TCPL Packaging climbed more than 17 per cent, making it the top BSE Smallcap gainer and traded at a new 52-week high.

As mixed economic data and the Federal Reserve's hawkish stance destroyed the optimism, Wall Street indices ended lower overnight. On the back of limited Chinese demand and concerns about US interest rate hikes, oil prices slumped more than 3 per cent during the last session. The rupee slightly depreciated against the US dollar after trading flat earlier due to a downturn in domestic markets.  

In the midst of weak cues from Asian markets as well, Indian benchmark indices opened flat. Modest gains in banking stocks attempted to uplift the markets but the indices were weakened by heavy losses in consumer goods, real estate and auto sector stocks.  

At 12:45 pm, the BSE Sensex declined 0.54 per cent, reaching a level of 61,416. The Nifty 50 index lost 0.52 per cent to the 18,248 level. On the Sensex, Kotak Mahindra Bank, Axis Bank and Hindustan Unilever were the Top Gainers, whereas Mahindra & Mahindra, Bajaj Finance and Maruti Suzuki were the Top Losers.   

Shares of TCPL Packaging climbed more than 17 per cent, making it the top BSE Smallcap gainer and traded at a new 52-week high. Both Honda India Power Products and IFB Industries experienced significant buying. Biofil Chemicals and Pharmaceuticals and Vishal Bearings were the top-low priced gainers on the BSE.  

Following is the list of low-priced stocks that were locked in the upper circuit on November 18:

Stock Name LTP Change (%)
Vishal Bearings 69.15 19.93
Gilada Finance & Investments 19.15 9.74
TIL Ltd 95.55 5
Suchitra Finance & Trading 56.7 5
Jeevan Scientific Technology 54.65 5
Gujchem Distillers India  53.55 5
KCD Industries India 52.5 5
Apoorva Leasing Finance  39.9 5
BNR Udyog 30.45 5
Gothi Plascon  22.05 5
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1 comments on article "Shares below Rs 100: Only buyers were seen in these stocks on November 18!"

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Ashoke ghosh

Very good info for ensuing days into stock market.

These small stocks are usually our out of sight i.e not in regular discussion.

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