These low price stocks are no longer trading under Rs 100
Some of the low price scrips have performed outstandingly well to move a notch up.
Due to the recent profit booking, Sensex witnessed a pause in its rally. The benchmark index has gone up by a mere 0.34 per cent in the month of June 2021.
However, that hasn’t stopped the shares of some companies from continuing to enjoy handsome gains. News and event-based investor enthusiasm continue to create a buzz in some stocks. While bearish market sentiments resulted in the decline in some high price scrips, various low price scrips attracted investors’ attention. Some of the low price scrips have performed outstandingly well to move a notch up.
Quite commonly, stocks trading less than Rs 100 are known as low price scrips. They generally include penny stocks as well as ultra penny stocks. A list of stocks, which were previously low scrip stocks but are now trading above Rs 100, are listed below:
| Company Name |
Returns (per cent) |
LTP (Rs) |
| Since June 1 TD |
YTD |
| Sindhu Trade Links Ltd. |
75.37 |
36.49 |
104.7 |
| Reliance Infrastructure Ltd. |
73.76 |
280.83 |
106.9 |
| Kesar Enterprises Ltd. |
52 |
139.51 |
98.15 |
| Ramky Infrastructure Ltd. |
49.19 |
160.49 |
139.45 |
| Jasch Industries Ltd. |
43.38 |
200.57 |
139.90 |
| Ind-Swift Laboratories Ltd. |
40.26 |
82.18 |
116.85 |
| Arihant Capital Markets Ltd. |
39.97 |
61.79 |
131 |
| Zuari Agro Chemicals Ltd. |
37.86 |
32.65 |
128.65 |
| Bright Brothers Ltd. |
34 |
58.25 |
133.8 |
| Ram Ratna Wires Ltd. |
33.74 |
43.82 |
118 |