The stock is down by about 25 per cent from its high of Rs 690, which was registered in July 2021 and has been one of the underperformers over the last one year. Can this news trigger a change in the course of the trend of the stock? Only time would tell as the market participants would like to track the financial performance of the stock.

You must have heard of the proverb, ‘birds of a feather flock together’, similarly, all these companies from the metal sector have appeared in the T20 breakout system, which clearly indicates that this sector is likely to be in the limelight in the coming days. 

Interestingly, all the constituents of Nifty IT index ended in positive, ahead of quarterly earnings. Meanwhile, the IT heavyweights such as Tata Consultancy Services, Infosys, and Wipro will publish their Q3 earnings on Wednesday.

Interestingly, the majority of the gains have been logged in the last one hour and similarly, the bulk of the volume has been recorded in the last one hour of trade. So, let’s know what triggered this impulsive move in the stock. 

The stock of PG Electroplast (PGEL) is witnessing a one-way upmove as after opening at the level of Rs 781.80, it jumped over 10 per cent and touched an intraday high of Rs 862

The stock registered an all-time high of Rs 1,525.95 as of September 15, 2021, and thereafter, it corrected 20 per cent from the all-time high level to the lows of December 17, 2021. The stock ended Monday’s session in the green as it gained over a per cent thereby, outperforming the benchmark and broader market indices by a wide margin.   

KEC International was one of the stocks, which was seen outperforming and bucking the negative trend of the market as it surged 1.42 per cent on Friday. So, what was the key catalyst for the stock, which helped it to outperform the market by a wide margin?  

Despite the havoc, which was witnessed in the latter part of the trading session on D-Street, there are certain stocks that appeared in the T20 breakout system.  So, here is the exclusive list of stocks from the T20 breakout system.

The stock has recorded its highest single-day volume since December 2, 2021, and also, surpassed its 10-day as well as 30-day average volume.

GBL plays a leading international role in the storage of refined oil products, chemicals, biofuels, vegetable oils, and liquefied gases. The company’s specialist services are provided to customers, who are active in these product areas.