A solid positive breakout is seen in these stocks; do you hold them?
Most sectors closed higher, with BSE utilities gaining 1.56 per cent, BSE oil & gas up 1.45 per cent, BSE commodities stocks rising 1.36 per cent, and BSE energy stocks seeing gains of 1.28 per cent.
Indian equity markets rose by 0.32 per cent on Tuesday, the Nifty 50 and BSE Sensex closed at 21,441 and 71,336 respectively. Mid-Caps gained 0.72 per cent, while Small-Caps zoomed 0.48 per cent. The 14 stocks were advancing against every 10 declining stocks on Tuesday.
Most sectors closed higher, with BSE utilities gaining 1.56 per cent, BSE oil & gas up 1.45 per cent, BSE commodities stocks rising 1.36 per cent, and BSE energy stocks seeing gains of 1.28 per cent.
Top 3 price-volume breakout stocks
Castrol India Limited demonstrated a robust performance, opening at Rs 164.9 and reaching a high of Rs 186. The stock experienced fluctuations throughout the day, with a low of Rs 164.2, ultimately closing at Rs 184.75. This represents a notable increase of 13.66 per cent compared to the previous close of Rs 162.55, contributing to a market capitalization of Rs 18,016.86 crore.
NLC India Ltd also exhibited a commendable intraday performance, starting at Rs 226 and reaching a peak of Rs 254.75. Despite a daily low of Rs 225.8, the stock closed impressively high at Rs 252.4, reflecting a significant intraday gain of 12.73 per cent. The market capitalization for NLC India Ltd stands at Rs 34,741.33 crore.
Morepen Laboratories Ltd experienced positive intraday movement, opening at Rs 49.65 and reaching a high of Rs 52.95. The stock's intraday low was Rs 49.3, but it closed on a positive note at Rs 52.3, marking a gain of 6.19 per cent from the previous close of Rs 49.25. The company's market capitalization stands at Rs 2,642.36 crore.
The following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Per cent Change
|
Price
|
Volume
|
|
1
|
Castrol India Limited
|
12.3
|
182.55
|
4,97,55,772
|
|
2
|
Nlc India Limited
|
11.75
|
250.2
|
2,72,29,880
|
|
3
|
Morepen Laboratories Limited
|
5.28
|
51.85
|
2,44,45,781
|
|
4
|
Dcw Limited
|
5.38
|
57.8
|
1,51,63,029
|
|
5
|
VL E-Governance & IT Solutions Ltd
|
19.88
|
41.6
|
99,72,082
|
|
6
|
Mazagon Dock Shipbuilders Ltd
|
7.85
|
2287.85
|
87,92,919
|
|
7
|
MSTC Ltd
|
13.28
|
643.45
|
77,11,703
|
|
8
|
Hi-Tech Pipes Ltd
|
12.31
|
112.25
|
74,39,722
|
|
9
|
Heritage Foods Limited
|
12.18
|
303.4
|
72,44,313
|
|
10
|
Tata Chemicals Limited
|
7.06
|
1094.25
|
72,43,281
|
|
11
|
Greaves Cotton Limited
|
6.88
|
144.45
|
69,46,477
|
|
12
|
Asian Granito India Limited
|
8.51
|
77.75
|
63,83,327
|
|
13
|
Cochin Shipyard
|
5.62
|
1374.5
|
59,90,264
|
|
14
|
J.kumar Infraprojects Limited
|
20
|
593.5
|
55,88,775
|
|
15
|
Himadri Speciality Chemical Limited
|
7.26
|
307.35
|
55,88,071
|
|
16
|
Simbhaoli Sugars Limited
|
19.79
|
33.6
|
52,96,012
|
|
17
|
Aarti Industries Limited
|
5.77
|
633.1
|
48,09,101
|
|
18
|
Vishnu Prakash R Punglia Ltd
|
6.29
|
217.25
|
46,41,351
|
|
19
|
Solara Active Pharma Sciences Ltd
|
14.25
|
375.95
|
42,26,225
|
|
20
|
Bharat Dynamics Ltd
|
7.86
|
1694.8
|
40,45,275
|
Disclaimer: The article is for informational purposes only and not investment advice.
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