Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
Indian markets extended gains on Monday, May 26, supported by a record dividend payout from the Reserve Bank of India and easing trade concerns globally. The Nifty 50 rose by 0.6 per cent, closing just shy of the 25,000 mark, while the Sensex gained 0.56 per cent, settling just under 82,200.
Top 3 price-volume breakout stocks:
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Hindustan Construction Company Ltd: Hindustan Construction Company Ltd witnessed a price volume breakout as it closed at Rs 31.06, registering a 5.65 per cent gain from its previous close of Rs 29.4. The stock hit an intraday high of Rs 31.57 and is currently trading at Rs 31.06. It saw a trading volume of approximately 5.52 crore shares, indicating a volume spike. The stock has delivered returns of 41.37 per cent from its 52-week low. With a market capitalisation of Rs 5,663.85 crore, the move occurred on significant volume support. The 52-week high for the stock is Rs 57.5, and it remains below this level.
Finolex Industries Ltd: Finolex Industries Ltd recorded a strong move with a closing price of Rs 223.9, up 7.15 per cent from the previous close of Rs 208.96. The stock reached a high of Rs 229.5 during the session and is currently trading at Rs 223.9. It recorded a trading volume of approximately 1.96 crore shares. The stock has posted a 45.47 per cent return from its 52-week low. With a market capitalisation of Rs 13,844.05 crore, the price volume breakout and the spike in volume reflect increased trading activity. The 52-week high for the stock stands at Rs 355.9.
Camlin Fine Sciences Ltd: Camlin Fine Sciences Ltd ended the session at Rs 216.05, showing a 14.97 per cent gain from its previous close of Rs 187.92. It touched an intraday high of Rs 221.9 and is currently trading at Rs 216.05. The trading volume was around 1.58 crore shares, reflecting a notable volume spike. The company has delivered multibagger returns of 176.63 per cent from its 52-week low. The stock has a market capitalisation of Rs 4,080.05 crore. The current price is near its 52-week high of Rs 221.9.
Following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Hindustan Construction Company Limited
|
31.11
|
5,52,94,216
|
|
2
|
Finolex Industries Limited
|
223.51
|
1,96,26,930
|
|
3
|
Camlin Fine Sciences Limited
|
217.5
|
1,58,73,073
|
|
4
|
Kamdhenu Limited
|
31
|
1,07,45,195
|
|
5
|
Gujarat Narmada Valley Fertilizers And Chemicals Limited
|
546.4
|
96,02,869
|
|
6
|
Lloyds Enterprises Ltd
|
57.14
|
94,30,020
|
|
7
|
Beml Limited
|
4279.7
|
84,89,083
|
|
8
|
Shilpa Medicare Limited
|
890.25
|
47,81,672
|
|
9
|
Share India Securities Ltd
|
185.85
|
46,69,733
|
|
10
|
Saksoft Limited
|
201.27
|
40,73,700
|
Disclaimer: The article is for informational purposes only and not investment advice.