Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
Indian equity benchmarks closed in the red on Tuesday, May 20, extending their losing streak to a third straight session. The Nifty 50 slipped 1.05 per cent and the Sensex shed 1.06 per cent, weighed down by sharp declines in banking and auto counters. Despite some support from IT and metal shares, market sentiment remained cautious in the absence of new triggers, with investors keeping an eye on updates related to India-U.S. trade relations.
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Top 3 price-volume breakout stocks:
Inox Green Energy Services Ltd: Inox Green Energy Services Ltd traded at Rs 180.85 today, showing a 12.40 per cent rise from its previous close of Rs 160.9. The stock reached a high of Rs 186 during the session. It recorded a trading volume of over 2.32 crore shares, indicating significant activity. The stock is currently trading around 19.5 per cent below its 52-week high of Rs 224.65. However, it has delivered returns of 73.89 per cent from its 52-week low, showing strong movement over time. The market capitalisation stands at Rs 6,657.31 crore. Despite being below its yearly high, the consistent rise from the lower levels and today's volume suggest continued participation in the stock.
Zensar Technologies Ltd: Zensar Technologies Ltd is currently trading at Rs 837.7, up 6.40 per cent from its previous close of Rs 787.3. During the day, it touched a high of Rs 866.35. The traded volume was around 1.50 crore shares. The stock remains about 15 per cent below its 52-week high of Rs 984.95. With returns of 57.98 per cent from the 52-week low, the stock has seen a steady upward movement over time. The company has a market cap of Rs 19,050.99 crore.
Restaurant Brands Asia Ltd: Restaurant Brands Asia Ltd traded at Rs 85.44 today, rising 4.39 per cent from the previous close of Rs 81.85. The intraday high was Rs 89.5. It witnessed a trading volume of 1.17 crore shares. The stock is currently around 28 per cent below its 52-week high of Rs 118.9. However, it has delivered returns of 43.84 per cent from its 52-week low, suggesting a recovery trend. The market capitalisation of the company is Rs 5,021.06 crore.
Following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Inox Green Energy Services Ltd
|
181.35
|
2,32,45,283
|
|
2
|
Zensar Technologies Limited
|
840.6
|
1,50,15,034
|
|
3
|
Restaurant Brands Asia Ltd
|
86.13
|
1,16,82,431
|
|
4
|
Newgen Software Technologies Ltd
|
1334.55
|
1,11,91,000
|
|
5
|
Ccl Products (india) Limited
|
830.7
|
61,93,682
|
|
6
|
Thomas Cook (india) Limited
|
155.75
|
57,27,323
|
|
7
|
New Delhi Television Limited
|
163.81
|
48,73,752
|
|
8
|
Ecos (India) Mobility & Hospitality Ltd
|
240.36
|
30,54,934
|
|
9
|
Hexaware Technologies Ltd
|
789.6
|
27,02,779
|
|
10
|
Sanghvi Movers Limited
|
350.05
|
21,34,962
|
Disclaimer: The article is for informational purposes only and not investment advice.