Price Volume breakout stocks: These stocks likely to be in focus on Monday!
Top 3 price-volume breakout stocks
Indian equity benchmarks ended Friday’s session on a positive note, driven by gains in financial and metal stocks, as global sentiment turned upbeat amid easing geopolitical tensions and encouraging trade developments. The Nifty 50 climbed 0.35 per cent to settle at 25,637.8, while the BSE Sensex added 0.36 per cent to close at 84,058.9.
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Top 3 price-volume breakout stocks:
Himadri Speciality Chemical Ltd witnessed a notable price and volume breakout as the stock closed at Rs 502, rising 11.82 per cent from the previous close of Rs 448.95. It traded a volume of 5.47 crore shares during the day. The company has delivered 37.40 per cent returns from its 52-week low, and the current market capitalisation stands at Rs 24,933.53 crore. The stock is currently trading below its 52-week high of Rs 688.7, indicating potential room for further movement if positive momentum continues.
Lloyds Engineering Works Ltd also saw a strong trading session with a price and volume breakout. The stock closed at Rs 68.85, showing a gain of 7.08 per cent from its previous close of Rs 64.3. The daily traded volume stood at 5.15 crore shares. It has delivered 54.68 per cent returns from the 52-week low. The current market cap is Rs 9,455.50 crore, and the stock remains below its 52-week high of Rs 82.59.
IDBI Bank Ltd recorded a volume spike with 4.77 crore shares traded. The stock closed at Rs 100.9, up 5.72 per cent from the previous close of Rs 95.44. It is currently trading near its 52-week high of Rs 107.9 and has posted 53.13 per cent returns from the 52-week low. The market capitalisation of the bank stands at Rs 1,08,857.30 crore, reflecting increased interest as it approaches key resistance levels.
Following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Himadri Speciality Chemical Limited
|
505.15
|
5,46,73,090
|
|
2
|
Lloyds Engineering Works Ltd
|
68.7
|
5,15,29,139
|
|
3
|
Idbi Bank Limited
|
101.32
|
4,77,42,053
|
|
4
|
Prime Focus Limited
|
136.83
|
2,09,58,888
|
|
5
|
Lloyds Enterprises Ltd
|
88.94
|
1,86,32,333
|
|
6
|
Edelweiss Financial Services Limited
|
115.2
|
1,33,09,020
|
|
7
|
Adani Total Gas Ltd
|
682.45
|
1,16,51,442
|
|
8
|
Hubtown Limited
|
258.22
|
1,07,45,756
|
|
9
|
GMR Power & Urban Infra Ltd
|
114.68
|
1,02,86,713
|
|
10
|
Punjab & Sind Bank
|
32.1
|
98,27,001
|
Disclaimer: The article is for informational purposes only and not investment advice.