Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
Indian equities slipped on Wednesday, dragged down by financial stocks that pulled back from recent highs, despite optimism surrounding a potential trade deal between India and the U.S. The Nifty 50 declined by 0.35 per cent to 25,453.40, while the Sensex ended 0.34 per cent lower at 83,409.69.
Top 3 price-volume breakout stocks:
Sagility India Ltd is currently trading at Rs 43.97, registering a gain of 6.83 per cent from the previous close of Rs 41.16. The stock witnessed a high of Rs 44.1 during the session. Trading volume stood at approximately 16.33 crore shares, indicating a significant spike in activity. The stock has shown returns of 62.73 per cent from its 52-week low. With a market capitalisation of Rs 20,583.80 crore, the stock recorded a price-volume breakout and a strong move supported by high volumes.
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Rites Ltd closed the session at Rs 295, up 5.72 per cent from the previous close of Rs 279.05. It touched a high of Rs 299.8 during intraday trading. The total volume for the day reached around 2.90 crore shares. Rites Ltd has delivered returns of 53.33 per cent from its 52-week low. Its market capitalisation is Rs 14,166.51 crore. The movement in price, coupled with a volume spike, indicates a price-volume breakout.
Sai Silks (Kalamandir) Ltd ended the day at Rs 160.97, gaining 5.35 per cent over its previous close of Rs 152.79. The stock reached an intraday high of Rs 174.5. The trading volume for the day was approximately 1.72 crore shares. It has posted returns of 42.45 per cent from the 52-week low. With a market cap of Rs 2,427.21 crore, the stock also witnessed a price-volume breakout with a noticeable volume spike.
Following is a list of stocks with a strong positive breakout:
|
Sr.
|
Stock Name
|
Price
|
Volume
|
|
1
|
Sagility India Ltd
|
43.72
|
16,32,99,397
|
|
2
|
Rites Ltd
|
295.1
|
2,90,10,862
|
|
3
|
Sai Silks (Kalamandir) Ltd
|
164.11
|
1,72,05,543
|
|
4
|
Bajaj Consumer Care Ltd
|
227.78
|
1,41,41,890
|
|
5
|
Digitide Solutions Ltd
|
218.15
|
36,75,223
|
|
6
|
Gabriel India Limited
|
976.2
|
29,72,207
|
|
7
|
Venus Pipes & Tubes Ltd
|
1461.7
|
11,46,067
|
|
8
|
Flair Writing Industries Ltd
|
278.7
|
10,43,022
|
|
9
|
Heranba Industries Ltd
|
373.4
|
9,73,434
|
|
10
|
Subros Limited
|
1003.1
|
8,60,269
|
Disclaimer: The article is for informational purposes only and not investment advice.