Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
Indian equity indices moved higher on Thursday, supported by gains in major financial stocks. However, the upside was limited as Tata Motors declined after the U.S. announced tariffs on auto imports. The Sensex closed 332 points or 0.43 per cent higher at 77,618, while the Nifty 50 closed 105 points or 0.45 per cent higher at 23,591, as investors await clarity on the impending U.S. tariffs. The Nifty Bank closed 366 points higher and settled at 51,575 after pulling back from the 51,000 mark on Thursday.
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On the NSE benchmark index, Nifty 50 recorded a 51.02 crore volume, the highest in the last four days, whereas the last 20-day average volume stands at 33.92 crore.
Broader indices closed higher, where Nifty Mid-Cap surged by 0.37 per cent, while Nifty Small-Cap ended higher by 1.15 per cent. India VIX slipped below 13.5 mark, and was down by 1.26 per cent during the day.
Top 3 price-volume breakout stocks:
Ola Electric Mobility Ltd traded with high volumes of 8.31 crore shares and is currently trading at Rs 55, up 6.30 per cent from the previous close of Rs 51.74. The stock made an intraday high of Rs 55.6, with a 52-week high of Rs 157.4. Market capitalization stands at Rs 22,983.29 crore. Returns from the 52-week low are 18.61 per cent. A price volume breakout and a volume spike were observed.
Bajaj Housing Finance Ltd saw a trading volume of 3.22 crore shares and is currently trading at Rs 126.16, reflecting an 8.77 per cent increase from the previous close of Rs 115.99. The stock reached an intraday high of Rs 127.58, with a 52-week high of Rs 188.5. Market capitalization is Rs 1,04,280.94 crore. Returns from the 52-week low are 22.37 per cent. A price volume breakout and a volume spike were recorded.
RHI Magnesita India Ltd recorded a trading volume of 2.27 crore shares and is currently trading at Rs 503.5, marking an 8.24 per cent rise from the previous close of Rs 465.15. The stock touched an intraday high of Rs 526, while its 52-week high is Rs 755.55. Market capitalization is Rs 9,620.90 crore. Returns from the 52-week low are 33.75 per cent. A price volume breakout and a volume spike were noted.
Following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Ola Electric Mobility Ltd
|
55.1
|
8,31,81,034
|
|
2
|
Bajaj Housing Finance Ltd
|
125.48
|
3,21,69,741
|
|
3
|
RHI Magnesita India Ltd
|
514.7
|
2,27,39,830
|
|
4
|
Gujarat Pipavav Port Limited
|
142.1
|
1,47,50,383
|
|
5
|
Equinox India Developments Ltd
|
116.14
|
1,27,65,705
|
|
6
|
Adani Energy Solutions Ltd
|
872.85
|
82,08,525
|
|
7
|
Firstsource Solutions Limited
|
356.05
|
76,14,245
|
|
8
|
Jindal Worldwide Limited
|
66.3
|
75,89,252
|
|
9
|
Edelweiss Financial Services Limited
|
91.41
|
70,71,206
|
|
10
|
Adani Green Energy Ltd
|
959.9
|
59,18,219
|
Disclaimer: The article is for informational purposes only and not investment advice.