Shares below Rs 100: Watch out for these low-priced stocks tomorrow
All sectoral indices ended in the red territory. Mid-cap and Small-cap stocks significantly underperformed broader markets in today's session.
Domestic equity markets kicked off the week on a negative note. Nifty 50 corrected by 1.80 per cent to close at 17,016.30. All sectoral indices ended in the red territory. Mid-Cap and Small-Cap stocks significantly underperformed broader markets in today's session.
The following low-priced stocks are likely to be in focus on Tuesday, September 27, 2022:
Transformers And Rectifiers (India) - A solid price volume breakout was witnessed in this counter in the first half of the trading session today. The stock rallied more than 13 per cent to record a fresh 52-week high of Rs 58 per share on NSE. The scrip currently trades at a PE of 41.32. The stock has gained 42 per cent over that last one month.
The company is amongst the largest transformer manufacturers in India. It presents a wide range of transformers which have applications in the power transmission and distribution sector and other industrial sectors.
Bombay Super Hybrid Seeds - Only buyers were seen in the counter today as the scrip locked at a 5 per cent upper circuit of Rs 93.80 per share, registering a fresh 52-week high. Shares of the company have rallied by 18.27 per cent in the last five trading sessions. The company is a leading agriculture sowing seeds company in India, which supplies a wide range of high-quality seeds to farmers.
Fourth Dimension Solutions – The scrip hit 10 per cent upper price band of Rs 44.75 per share on NSE. It locked back-to-back upper circuits over the past several trading sessions. The stock has rallied 39.63 per cent over the last five trading sessions.
Following is the list of low-priced price volume breakout stocks that witnessed heavy buying today’s session:
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Watch out for these counters for the upcoming sessions!