Shares below Rs 100: Only buyers were seen in these stocks on August 23

Kiran Shroff
/ Categories: Trending, Mindshare
Shares below Rs 100: Only buyers were seen in these stocks on August 23

About 2,086 shares have advanced, 1,533 declined and 164 are unchanged on BSE.

On Wednesday, at 03:30 pm, indices ended the trading session in green with the BSE Sensex Index up 0.33 per cent at 65,433.30 and the NSE Nifty-50 Index up 0.25 per cent at 19,444. About 2,086 shares have advanced, 1,533 declined and 164 are unchanged on BSE.  

Ecoboard Industries Ltd.’s shares were locked in 20 per cent upper circuit to Rs 24.49 per share with a spurt in volume by more than 3.31 times on BSE. The stock is hitting back-to-back upper circuits as the company has received multiple orders from customers up to Rs 24 crore. The company has initiated working and positive returns will start reflected in the upcoming quarter. The stock is up by 45 per cent in just 3 days and gave multibagger returns of 777 per cent over the span of3 years.  

Aspira Pathlab & Diagnostics Ltd.’s shares zoomed 20 per cent upper circuit to Rs 39.93 per share with a spurt in volume by more than 3.37 times on BSE. The company reported net sales of Rs 2.60 crore and a net loss of Rs 0.72 crore in Q1FY24. The stock is hitting back-to-back upper circuit and in just 15 days it is up over 50 per cent.

Suzlon Energy Ltd.’s shares saw heavy buying and hit a 5 per cent upper circuit to Rs 21.93 per share with a spurt in volume by more than 2.43 times on BSE. The company's board of directors has approved the conversion of 63,48,593 partly paid-up shares into fully paid-up shares. The company is in the process of completing the necessary formalities for corporate actions and obtaining listing and trading approvals. The stock also made a new 52-week high of Rs 21.93 per share and gave multibagger returns of 170 per cent in just 6 months.

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Following is the list of low-priced stocks that were locked in the upper circuit on August 23:

Stock Name

LTP (Rs)

% Change in Price

Ecoboard Industries Ltd

24.49

19.99

Aspira Pathlab & Diagnostics Ltd

39.93

19.98

Media Matrix Worldwide Ltd

19.77

19.96

Surana Telecom and Power Ltd

12.45

19.94

DRA Consultants Ltd

30.73

9.99

JMJ Fintech Ltd

26.78

9.98

Neil Industries Ltd

11.13

9.98

Enterprise International Ltd

19.99

9.96

Goldstone Technologies Ltd

95.15

5

Suzlon Energy Ltd

21.93

5

KZ Leasing and Finance Ltd

22.29

5

Investors should keep an eye on these stocks.

Disclaimer: The article is for informational purposes only and not investment advice.

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