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Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
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Price Volume breakout stocks: These stocks likely to be in focus tomorrow!

Top 3 price-volume breakout stocks

On Wednesday, Indian benchmark indices recovered from early declines and closed higher, with the Nifty 50 finishing above the 24,400 mark. The BSE Sensex gained 105.71 points or 0.13 per cent to end at 80,746.78, while the Nifty 50 rose by 34 points or 0.14 per cent to settle at 24,414. After opening with a sharp dip, markets rebounded sharply, led by strength in financial and auto stocks. Volatility also eased as India VIX dropped below the 19 level.

Top 3 price-volume breakout stocks:

Welspun Living Ltd: Welspun Living Ltd recorded a strong trading session with a price volume breakout and a volume spike of around 11.06 crore shares. The stock is currently trading at Rs 136.2, which marks a 13.04 per cent rise from its previous close of Rs 120.49. The day’s high was Rs 138.8. The market cap stands at Rs 11,867.30 crore. Returns from the 52-week low have reached 29.96 per cent, indicating a notable recovery. Although the stock is still below its 52-week high of Rs 212.95, the significant increase in both price and volume suggests active participation.

Samvardhana Motherson International Ltd: Samvardhana Motherson International Ltd experienced a volume spike with approximately 2.77 crore shares traded during the session. The stock is currently trading at Rs 142.5, showing a 5.19 per cent increase from its previous close of Rs 135.47. The intraday high touched Rs 142.94. Returns from the 52-week low are at 32.87 per cent, indicating gradual upward momentum. Its market capitalisation is Rs 96,605.24 crore. While the stock is still trading below the 52-week high of Rs 216.99, today’s price volume breakout reflects notable interest from market participants.

One 97 Communications Ltd: One 97 Communications Ltd posted a strong move today with a trading volume of approximately 1.69 crore shares. The stock is currently trading at Rs 873.4, up by 7.19 per cent from its previous close of Rs 814.85. The session high was Rs 892.4. Returns from the 52-week low show multibagger returns at 181.74 per cent. The market cap is now Rs 55,744.52 crore. Despite being below the 52-week high of Rs 1062.95, the price volume breakout and spike in volume highlight continued interest in the stock.

Following is a list of stocks with a strong positive breakout:

Sr.

Stock Name

Price

Volume

1

Welspun Living Ltd

134.98

11,06,16,133

2

Motherson Sumi Systems Limited

142.46

2,77,20,292

3

One 97 Communications Ltd

873.5

1,69,13,521

4

BSE (Bombay stock exchange)

6652.5

1,08,72,465

5

Aarti Drugs Limited

419.85

81,52,704

6

Syrma SGS Technology Ltd

487.6

54,75,897

7

Gokaldas Exports Limited

951.7

50,56,047

8

K.p.r. Mill Limited

1101.2

46,68,552

9

Piramal Enterprises Limited

1034.6

43,88,055

10

Indo Count Industries Limited

318.7

43,42,563

Disclaimer: The article is for informational purposes only and not investment advice.

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