Shares below Rs 100: Only buyers were seen in these stocks on February 02

Kiran Shroff
/ Categories: Trending, Mindshare
Shares below Rs 100: Only buyers were seen in these stocks on February 02

About 1,764 shares have advanced, 1,602 declined and 133 are unchanged. 

Gautam Shantilal Adani chairman and founder of Adani Group said, "The Board of Directors of the Company at its meeting held today i.e., February 1, 2023, has decided, in the interest of its subscribers, not to proceed with the further public offer (FPO) of equity shares aggregating up to Rs 20,000 crore of face value Rs 1 each on partly paid-up basis, which was fully subscribed". 

Gautam Adani also said in a press release, “The Board takes this opportunity to thank all the investors for your support and commitment to our FPO. The subscription for the FPO closed successfully yesterday. Despite the volatility in the stock over the last week, your faith and belief in the Company, its business and its management have been extremely reassuring and humbling. Thank you"  

The Adani Group's Board of Directors' decision on FPO has had an impact on the company's stock in recent few days. Today, all Adani Company stocks tumbled and touched a lower circuit. Despite the news, the benchmark Indian indices were trading flat. 

At 01:15 pm, BSE Sensex was trading flat, down around 40 points or 0.07 per cent at a level of 59,668.49 and NSE Nifty-50 was trading lower, down around 65 points or 0.37 per cent at 17,551.75. About 1,764 shares have advanced, 1,602 declined and 133 are unchanged. 

 

Following is the list of low-priced stocks that were locked in the upper circuit on February 02: 

Sr. No 

Company Name 

LTP (Rs) 

% Change in Price 

Containe Technologies Ltd 

76.65 

VJTF Edu Services Ltd 

64.05 

Morgan Ventures Ltd 

58.8 

Gujarat Metallic Coal & Coke Ltd 

19.95 

KJMC Financial Services Ltd 

38.9 

4.99 

Shiva Granito Export Ltd 

10.53 

4.99 

Jhaveri Credits Capital Ltd 

14.96 

4.98 

Mid India Industries Ltd 

10.96 

4.98 

ST Corporation Ltd 

61.3 

4.97 

10 

Palco Metals Ltd 

95.2 

4.96 

Investors should keep an eye on these stocks. 

Rate this article:
4.0

Leave a comment

Add comment

DSIJ MINDSHARE

Mkt Commentary27-Sep, 2023

Mindshare27-Sep, 2023

Mindshare27-Sep, 2023

Multibaggers27-Sep, 2023

IPO Analysis27-Sep, 2023

Knowledge

General26-Sep, 2023

Technical25-Sep, 2023

Technical24-Sep, 2023

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Investment in securities market are subject to market risks.Read all the related documents carefully before investing.
Registration granted by SEBI, membership of BASL (in case of IAs) and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.