Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
On Wednesday, June 25, Indian equity markets extended gains for a second straight session, with the Nifty 50 closing at its highest level since October 2024. The Sensex also moved in sync, climbing over 700 points, powered by heavyweights like Infosys and HDFC Bank. At the day's close, the Nifty 50 advanced 200.40 points or 0.8 per cent to end at 25,244.75, while the Sensex gained 700.40 points or 0.85 per cent, settling at 82,755.51.
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Top 3 price-volume breakout stocks:
Network18 Media & Investments Ltd saw a strong trading session with its share price closing at Rs 61.07, marking a 13.81 per cent rise from the previous close of Rs 53.66. The stock traded with a high volume of approximately 14.60 crore shares. It touched an intraday high of Rs 63.37 and is currently trading at Rs 61.07. The stock is 42.37 per cent below its 52-week high of Rs 106. Despite the upward move, it has not delivered multibagger returns from its yearly peak. The market capitalisation of the company stands at Rs 9,529.52 crore.
Mahanagar Telephone Nigam Ltd ended the day at Rs 53.54, which is a 10.37 per cent increase from its previous close of Rs 48.51. The trading volume stood at around 10.45 crore shares. The stock made a high of Rs 58.2 during the day and is currently trading at Rs 53.54. Compared to its 52-week high of Rs 101.93, the stock is trading lower by 47.45 per cent. The market cap of the company is recorded at Rs 3,346.59 crore.
Sammaan Capital Ltd witnessed a closing price of Rs 143, gaining 14.69 per cent from the previous close of Rs 124.68. The share saw high activity with about 7.45 crore shares traded during the day. The stock touched a high of Rs 146.82 and is currently trading at Rs 143. It is 20.27 per cent below its 52-week high of Rs 179.3. With a market capitalisation of Rs 10,084.42 crore, the stock remains under its yearly peak, and hence does not qualify for multibagger returns based on 52-week performance.
Following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Network18 Media & Investments Limited
|
61.82
|
14,59,60,758
|
|
2
|
Mahanagar Telephone Nigam Limited
|
53.11
|
10,44,73,065
|
|
3
|
Sammaan Capital Ltd
|
143.5
|
7,45,00,484
|
|
4
|
Welspun Living Ltd
|
139.82
|
3,71,24,041
|
|
5
|
BELRISE
|
104.1
|
2,43,63,066
|
|
6
|
Embassy Development Limited
|
127
|
1,74,14,447
|
|
7
|
Jai Balaji Industries Limited
|
117.17
|
1,29,14,113
|
|
8
|
Dhani Services Ltd
|
69.53
|
1,25,50,983
|
|
9
|
Diamond Power Infrastructure Ltd
|
116.62
|
1,16,89,618
|
|
10
|
Electrosteel Castings Limited
|
133.43
|
84,68,395
|
Disclaimer: The article is for informational purposes only and not investment advice.