Shares below Rs 100: Watch out for these low-priced stocks tomorrow!

Armaan Madhani
/ Categories: Trending, Mindshare
Shares below Rs 100: Watch out for these low-priced stocks tomorrow!

India VIX climbed 2.41 per cent to end at 22.09

After a choppy session, Sensex ended in the red territory at 56,598.2 down by 0.90 per cent. India VIX climbed 2.41 per cent to end at 22.09. 

The following low-priced stocks are likely to be in focus on Thursday, September 29, 2022: 

Sundaram Finance Holdings - Heavy buying was seen in the counter today and the scrip rallied more than 15 per cent to record a fresh intra-day high of Rs 103.5 per share on NSE. However, this rally was short lived and the stock corrected to trade in the range of Rs 98-100 in the later half of the trading session. Shares currently trade at a PE of 25.57. The company is primarily engaged in the business of investments, business processing and support services.

Omax Autos - The company’s stock gave a solid price volume breakout, soaring by more than 10 per cent to touch an intra-day high of Rs 71.50 per share on NSE. Shares are currently trading at a PE of 5.71 and approximately 0.5 times book value. Founded in 1983, the company manufactures sheet metal components, tubular components and machined components. Omax caters to Tata Motors for its CV segment and is also an approved supplier to Indian Railways. 

Following is the list of low-priced price volume breakout stocks that witnessed heavy buying in today’s session: 

Stock Name LTP Gains (%) Volume Change (times)
Madhusudan Industries 24 20 32
Gujarat Hy-Spin 21.63 19.97 2
Sundaram Finance Holdings 99.5 10.68 3
Sprayking Agro Equipment 40.7 10 2

Keep a close eye on these counters for the upcoming sessions! 

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1 comments on article "Shares below Rs 100: Watch out for these low-priced stocks tomorrow!"

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Sami Srinivasaraghavachari Mukkunden

Correct.

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