Shares below Rs 100: Only buyers were seen in these stocks on May 29

Kiran Shroff
/ Categories: Trending, Mindshare
Shares below Rs 100: Only buyers were seen in these stocks on May 29

About 1,945 shares have advanced, 1,637 declined and 195 are unchanged on BSE.  

On Monday, at 03:00 pm, indices were trading in green with the BSE Sensex Index up 0.56 per cent at 62,851 and the NSE Nifty-50 Index up 0.56 per cent at 18,603. About 1,945 shares have advanced, 1,637 declined and 195 are unchanged on BSE.  

Electrotherm India Limited manufactures foundry furnaces, electric motorbikes, sponge iron & steel bars, billets and pipes. The shares of the company zoomed 20 per cent upper circuit to Rs 79.03 per share.

Maestros Electronics & Telecommunications Systems Limited designs and manufactures medical devices. The company's shares saw heavy buying and hit a 20 per cent upper circuit to Rs 61.68 per share. The company reported excellent numbers in its Quarterly Results (Q4FY23) and annual results (FY23).

Nagreeka Exports Ltd is engaged in the manufacturing, trading and export of cotton yarn. The shares of the company saw heavy buying and locked in a 20 per cent upper circuit to Rs 43.80 per share. The stock gave multibagger returns of over 100 per cent in just 2 years.

 

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Following is the list of low-priced stocks that were locked in the upper circuit on May 29:

Company Name

LTP (Rs)

% Change in Price

Electrotherm (India) Ltd

79.03

20

Maestros Electronics & Telecommunications Systems Ltd

61.68

20

Nagreeka Exports Ltd

43.80

20

SK International Export Ltd

12

20

National Plastic Indutries Ltd

49.10

19.99

Tera Software Ltd

45.1

19.98

Mohite Industries Ltd

28.58

19.98

Sakthi Sugars Ltd

25.58

19.98

Athena Constructions Ltd

12.1

10

Ashnisha Industries Ltd

21.15

9.98

Investors should keep an eye on these stocks.

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