Shares below Rs 100: Only buyers were seen in these stocks on July 27

Kiran Shroff
/ Categories: Trending, Mindshare
Shares below Rs 100: Only buyers were seen in these stocks on July 27

About 1,782 shares have advanced, 1,775 declined and 146 are unchanged on BSE.  

On Thursday, at 03:30 pm, indices ended the trading session in the red with the BSE Sensex Index down 0.66 per cent at 66,267 and the NSE Nifty-50 Index down 0.60 per cent at 19,660. About 1,782 shares have advanced, 1,775 declined and 146 are unchanged on BSE.  

Everlon Financials Ltd.’s shares of the company zoomed 20 per cent upper circuit to Rs 62.82 per share and also made a new 52-week high of Rs 62.82 per share with a spurt in volume by more than 6 times on BSE. The net sales increased by 240 per cent to Rs 1.45 crore and net profit increased by 250 per cent to Rs 0.93 crore in Q1FY24 compared to last quarter (Q4FY23). The excellent Quarterly Results were the sudden rise in stock price.

Raj Oil Mills Ltd.’s stock was locked in a 10 per cent upper circuit to Rs 53.74 per share and also made a new 52-week high of Rs 53.74 per share with a spurt in volume by more than 10.69 times on BSE. The stock gave multibagger returns of 3,800 pent in 5 years and over 4,200 per cent in 1 decade.  

DMR Hydroengineering & Infrastructures Ltd.'s shares saw heavy buying and hit a 5 per cent upper circuit to Rs 64.92 per share and also made a new 52-week high of Rs 64.92 per share. The stock gave multibagger returns of 103 per cent in just 6 months and over 150 per cent in 1 year. The company announced fundraising via private placement and a final dividend of Rs 0.11 for a face value of Rs 10 each.

Want more insightful stories along with recommendations?
Get a 3-month subscription to experience the power of our flagship DSIJ Magazine (online edition) for just Rs 800/- Click here to subscribe now

Following is the list of low-priced stocks that were locked in the upper circuit on July 27:

Stock Name

LTP (Rs)

% Change in Price

Everlon Financials Ltd

62.82

20

Raj Oil Mills Ltd

53.74

9.99

DMR Hydroengineering & Infrastructures Ltd

64.92

5

Alfa Ica (India) Ltd

50.40

5

MIC Electronics Ltd

28.53

5

Sita Enterprises Ltd

34.66

5

Blue Cloud Softech Solutions Ltd

63.74

5

Trinity League India Ltd

21

5

Radix Industries (India) Ltd

89.99

5

Vinyoflex Ltd

94.65

4.99

Jet Airways (India) Ltd

46.09

4.99

Investors should keep an eye on these stocks.

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

Rate this article:
3.5
Comments are only visible to subscribers.

Equity Research

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR