Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
On May 29, Indian equity markets rebounded, snapping a two-session losing streak, with the Nifty 50 closing in the green on the monthly expiry day. Despite some intraday volatility, a sharp recovery in the final hour helped the index close firmly above 24,800. The Nifty 50 gained 81.15 points or 0.33 per cent to settle at 24,833.60, while the Sensex rose by 320.71 points or 0.39 per cent, ending at 81,633.03.
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Top 3 price-volume breakout stocks:
MMTC Ltd: MMTC Ltd closed the day at Rs 83.3 with a gain of 19.99 per cent over its previous close of Rs 69.42. The stock witnessed a high trading volume of around 20.17 crore shares. Currently trading at Rs 83.3, the stock is still below its 52-week high of Rs 131.8. It has shown strong movement from its 52-week low, delivering returns of 87.19 per cent. The market capitalisation of the company stands at Rs 12,218.46 crore.
Hindustan Motors Ltd: Hindustan Motors Ltd ended the session at Rs 33.3, marking an increase of 11.67 per cent from its previous close of Rs 29.82. The traded volume during the day was approximately 3.63 crore shares. Currently trading at Rs 33.3, the stock is moving closer to its 52-week high of Rs 39.75. It has recorded returns of 62.04 per cent from its 52-week low, reflecting notable price recovery over time. The company’s market capitalisation is Rs 700.40 crore.
Castrol India Ltd: Castrol India Ltd finished the day at Rs 218.5, up 5.79 per cent from the previous close of Rs 206.54. The trading volume was around 2.57 crore shares for the session. Currently trading at Rs 218.5, the stock is below its 52-week high of Rs 284.4. It has delivered returns of 34.38 per cent from its 52-week low. The market capitalisation of Castrol India Ltd stands at Rs 21,580.18 crore. The intraday high reached was Rs 220.39, close to the closing level.
Following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
MMTC Limited
|
81.11
|
20,17,12,499
|
|
2
|
Hindustan Motors Limited
|
33.63
|
3,62,80,348
|
|
3
|
Castrol India Limited
|
218.24
|
2,57,39,720
|
|
4
|
Welspun Corp Limited
|
895
|
1,91,81,775
|
|
5
|
Lloyds Engineering Works Ltd
|
60.08
|
1,64,79,061
|
|
6
|
Niva Bupa Health Insurance Company Ltd
|
92.35
|
1,32,88,243
|
|
7
|
Filatex India Limited
|
56.59
|
1,15,81,327
|
|
8
|
Lloyds Enterprises Ltd
|
61.82
|
1,02,01,027
|
|
9
|
Waaree Energies Ltd
|
3017.1
|
65,99,591
|
|
10
|
Anant Raj Limited
|
544.85
|
65,66,528
|
Disclaimer: The article is for informational purposes only and not investment advice.