Shares below Rs 50: Price-volume breakout seen in this micro-cap company!

The stock has been gaining for the last couple of days and delivered 34.73 per cent returns during this period.   

The shares of this manufacturing company hit the upper circuit on Thursday, July 28. Meanwhile, on Friday morning, it made a fresh 52-week high at Rs 24 a piece on BSE. The stock has been gaining for the last couple of days and delivered 34.73 per cent returns during this period.   

The company in consideration is Beardsell Limited, which is a prominent manufacturer & supplier of expanded polystyrene products, popularly known as thermocol, and prefabricated buildings. The company also undertakes erection, commissioning, and maintenance work in the field of hot & cold insulation solutions. In addition, it has trading operations in domestic and international markets.  

The shares of Beardsell have been witnessing a price volume breakout for the past five days consecutively and outperformed the sector by 11.97 per cent.  

During Friday’s morning trade, the spurt in the volume of this scrip is almost 10x.  

The shares of this micro-cap company, which has a market capitalisation of Rs 84.5 crore, have gained 43.91 per cent in just one month!  

Watch out for this scrip in the upcoming sessions.