Price Volume breakout stocks: These stocks likely to be in focus tomorrow!
Top 3 price-volume breakout stocks
India's key stock indices advanced on Monday, recovering from initial sideways movement, supported by gains in IT and financial stocks, even as concerns over the Israel-Iran conflict persisted.
The Nifty 50 closed higher by 0.92 per cent at 24,946.50, while the BSE Sensex ended up 0.84 per cent at 81,796.15.
Top 3 price-volume breakout stocks:
Sterlite Technologies Ltd: Sterlite Technologies Ltd closed at Rs 99.99, up 19.99 per cent from the previous close of Rs 83.33. It hit the day’s high of Rs 99.99 with a volume spike of around 6.77 crore shares. Currently trading at Rs 99.99, the stock showed a price-volume breakout. Market cap is Rs 4,849.40 crore. Returns from the 52-week low are 69.88 per cent. The stock is still below its 52-week high of Rs 155.05.
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Indraprastha Gas Ltd: Indraprastha Gas Ltd closed at Rs 211.22, rising 6.20 per cent from the previous close of Rs 198.88. It touched a high of Rs 213.80 with traded volume of about 2.77 crore shares. Currently trading at Rs 211.22, the stock saw a price-volume breakout. Market cap stands at Rs 29,699.82 crore. Returns from the 52-week low are 38.01 per cent. The 52-week high is Rs 285.18.
Jai Balaji Industries Ltd: Jai Balaji Industries Ltd ended at Rs 106.99, up 5.49 per cent from the previous close of Rs 101.42. The stock hit a high of Rs 110.70 and saw volume of around 63.50 lakh shares. Currently trading at Rs 106.99, the stock showed a price-volume breakout. Market cap is Rs 9,772.46 crore. Returns from the 52-week low are 8.01 per cent. The 52-week high is Rs 236.
Following is a list of stocks with a strong positive breakout:
Sr.
|
Stock Name
|
Price
|
Volume
|
1
|
Sterlite Technologies Limited
|
99.38
|
6,80,43,884
|
2
|
Indraprastha Gas Limited
|
212.33
|
2,77,57,102
|
3
|
Jai Balaji Industries Limited
|
106.54
|
63,59,192
|
4
|
Subros Limited
|
987.9
|
53,21,990
|
5
|
Arkade Developers Ltd
|
200.93
|
49,81,727
|
6
|
Newgen Software Technologies Ltd
|
1233.6
|
43,23,770
|
7
|
Garuda Construction and Engineering Ltd
|
127.94
|
38,63,096
|
8
|
Parag Milk Foods Limited
|
225.8
|
34,46,544
|
9
|
TVS Supply Chain Solutions Ltd
|
143.33
|
33,20,511
|
10
|
Omaxe Limited
|
106.61
|
32,37,616
|
Disclaimer: The article is for informational purposes only and not investment advice.