Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
On Monday, India’s main benchmark indices closed in negative territory, although broader market segments managed to register modest gains, mainly supported by infrastructure-related stocks.
The Nifty 50 ended the day down 0.30 per cent, settling at 24,945.45, while the Sensex fell by 0.33 per cent to close near 82,059 points. Meanwhile, Bank Nifty bucked the trend, rising 0.12 per cent to finish at 55,420. For the month so far, the Nifty 50 remains up by 2.5 per cent.
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Top 3 price-volume breakout stocks:
Delhivery: Delhivery saw a notable move today with its price currently trading at Rs 353.4, up 10.14 per cent from the previous close of Rs 320.85. The traded volume was approximately 4.42 crore shares, indicating a volume spike compared to usual levels. The stock’s returns from its 52-week low stand at 49.41 per cent, while it remains below its 52-week high of Rs 447.65. The market capitalisation is Rs 26,101.46 crore. The price volume breakout suggests increased buying interest and a strong move in the stock.
Graphite India Ltd: Graphite India Ltd is currently trading at Rs 560, showing a rise of 15.13 per cent over the previous close of Rs 486.4. The traded volume was around 2.09 crore shares, reflecting a significant volume spike and price volume breakout. The stock’s returns from its 52-week low are 53.11 per cent, with a 52-week high of Rs 624.6. Market capitalisation is Rs 11,090.07 crore. This activity marks a strong move in the stock, with volume supporting the price increase.
Morepen Laboratories Ltd: Morepen Laboratories Ltd closed at Rs 63.99, up 5.65 per cent from the previous close of Rs 60.57. The volume traded was approximately 1.77 crore shares, indicating a volume spike accompanied by a price-volume breakout. Returns from its 52-week low are 52.36 per cent, with the stock still below its 52-week high of Rs 100.9. The market cap stands at Rs 3,492.19 crore. The price action supported by higher volumes shows a strong move on the day.
Following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Delhivery Ltd
|
351.25
|
4,41,59,054
|
|
2
|
Graphite India Limited
|
568.2
|
2,09,38,491
|
|
3
|
Morepen Laboratories Limited
|
63.67
|
1,76,85,787
|
|
4
|
Heg Limited
|
528.7
|
1,43,42,722
|
|
5
|
Avantel Ltd
|
133.83
|
1,03,43,148
|
|
6
|
Edelweiss Financial Services Limited
|
91.3
|
93,78,403
|
|
7
|
Inox Green Energy Services Ltd
|
160.9
|
84,98,282
|
|
8
|
Premier Explosives Limited
|
583.85
|
70,19,749
|
|
9
|
One Point One Solutions Ltd
|
67.27
|
67,32,771
|
|
10
|
Electrosteel Castings Limited
|
113.21
|
63,34,163
|
Disclaimer: The article is for informational purposes only and not investment advice.