Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
Indian equity markets ended Thursday on a strong note, with major indices climbing nearly 1.5 per cent as investor sentiment turned positive following comments from U.S. President Donald Trump. He suggested that India has proposed a zero-tariff agreement for U.S. goods—a development seen as favourable by market participants.
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At close, the Nifty 50 jumped 1.6 per cent to finish at 25,062, while the Sensex gained 1.48 per cent to close at 82,530. The markets, which were relatively quiet earlier in the day, picked up steam after Trump’s remarks. The Nifty 50 witnessed a trading volume of around 50 crore shares. Over the past four trading sessions, the benchmark indices have risen by 3.5 per cent and are now just 4.4 per cent away from their lifetime highs.
Top 3 price-volume breakout stocks:
HFCL Ltd: HFCL Ltd saw a price-volume breakout supported by a volume spike of over 3.06 crore shares. The stock is currently trading at Rs 90.2, which reflects a 5.31 per cent rise from its previous close of Rs 85.65. The traded volume indicates strong market activity on the day. The stock has recorded a recent high of Rs 90.47, while the 52-week high stands at Rs 171. At a market cap of Rs 13,011.02 crore, the company has shown a return of 25.98 per cent from its 52-week low, indicating moderate upward movement from past lows.
National Fertilizers Ltd: National Fertilizers Ltd experienced a price-volume breakout, backed by a trading volume of around 1.49 crore shares. The stock is currently trading at Rs 95.03, showing a 5.34 per cent increase from the previous close of Rs 90.21. The day’s high was Rs 97.89, nearing its recent highs. With a market capitalisation of Rs 4,670.75 crore, the stock has gained 33.85 per cent from its 52-week low, indicating steady returns in recent periods. Although the 52-week high is Rs 169.95, the current levels remain well below it.
Tilaknagar Industries Ltd: Tilaknagar Industries Ltd witnessed a strong move with a price-volume breakout, as volume surged to 1.4 crore shares. The stock is currently trading at Rs 342, up 12.98 per cent from its previous close of Rs 302.7. The day’s high touched Rs 348.8. The company’s 52-week high is Rs 457, while its market cap is Rs 6,679.48 crore. The returns from the 52-week low stand at 71.40 per cent, reflecting considerable gains but not yet multibagger returns. The surge in price, along with heavy volumes, indicates heightened trading interest.
Following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Himachal Futuristic Communications Limited
|
90.08
|
3,06,12,198
|
|
2
|
National Fertilizers Limited
|
95.25
|
1,48,95,853
|
|
3
|
Tilaknagar Industries Limited
|
345.4
|
1,40,00,868
|
|
4
|
Vascon Engineers Limited
|
50.65
|
1,38,91,919
|
|
5
|
Kirloskar Oil Engines Limited
|
862.3
|
84,36,746
|
|
6
|
Triveni Turbine Limited
|
615.2
|
81,37,033
|
|
7
|
Ramkrishna Forgings Limited
|
623.9
|
80,36,184
|
|
8
|
Kec International Limited
|
803.85
|
76,61,413
|
|
9
|
Orient Paper & Industries Limited
|
30.72
|
72,29,706
|
|
10
|
Som Distilleries & Breweries Limited
|
143.94
|
55,57,698
|
Disclaimer: The article is for informational purposes only and not investment advice.