Shares below Rs 100: These trending shares made a fresh 52-week high on August 16!
Bulls in the small-cap sector had their hands full as the shares of Jubilant Industries as well as DFM Foods rallied and got locked in at a 20 per cent upper circuit.
According to data released by Ministry of Statistics & Programme Implementation, India's headline retail inflation rate, as measured by Consumer Price Index (CPI), fell to a five-month low of 6.71 per cent in July.
Following strong inflation data, almost all the sectors traded higher as the Indian headline indices opened with respectable gains. With gains of 2.5 per cent, BSE Auto was the leading sector of the session. Backed by Rakesh Jhunjhunwala, the shares of Escorts Kubota Ltd rallied over 9 per cent, making it the top gainer in the auto sector. BSE Realty sector, where Indiabulls Real Estate surged more than 16 per cent, also showed signs of optimism.
Both BSE Midcap and BSE Smallcap indices saw gains of 1.03 per cent each. Bulls in the Small-Cap sector had their hands full as the shares of Jubilant Industries as well as DFM Foods rallied and got locked in at a 20 per cent upper circuit. The top BSE low-price gainers that locked in the 20 per cent upper circuit were Kamat Hotels (India) Ltd, Amrapali Fincap Ltd, and HB Stockholdings Limited.
Here is the list of low-priced shares that made a new 52-week high on August 16:
Stock Name |
LTP |
Price Change (%) |
Gala Global Products |
98.1 |
4.98 |
Danube Industries |
60.6 |
4.94 |
Imagicaaworld Entertainment |
27.65 |
4.93 |
Ace Men Engg Works |
65.5 |
2.58 |
Raj Rayon Industries |
18.4 |
1.94 |