Low Price Shares locked in Upper Circuit on August 25

5paisa Research Team 5paisa Research Team 7th September 2023 - 05:09 pm

Indian benchmark indices trade stronger in response to strength in Asian markets.

All of the major Asian indices traded higher as a result of Asian stocks rising in response to the strength in the global markets. With gains of more than 1.5%, Hong Kong’s Hang Seng index was the top performer.

List of Low Price Shares Today: August 25

Following is the list of low price stocks locked in the upper circuit on August 25. Keep a close eye on these counters for the upcoming sessions.

Sr No	Stock Name	LTP	Price Change (%)
1	Aban Offshore Ltd	57.15	19.94
2	Shalimar Wires Industries	13.6	19.93
3	Salem Erode Investments	56.1	10
4	Artson Engineering	93.3	9.96
5	Walchandnagar Industries	55.8	9.95
6	Peninsula Land Ltd	13.72	9.94
7	Ravikumar Distilleries	12.28	9.94
8	Arihant Capital Markets	76.65	5
9	Sarthak Industries	66.15	5
10	Baroda Rayon Corporation	63	5

The SGX Nifty indicated a positive start for India's broader index. Consumer durables and real estate companies contributed to opening Indian major indices with modest gains. BSE Finance and BSE Metals both experienced modest advances.

At 11:45 am, the BSE Sensex gained 0.34%, reaching a level of 59,283. The Nifty 50 index advanced 0.39% to 17,675 level. On the Sensex, Maruti Suzuki, State Bank of India and HDFC were the top gainers, while Tata Consultancy Services, Bajaj Finance and HCL Technologies were the top losers.

Ramky Infrastructure was the top gainer in the BSE Smallcap pack, locking in the 20% upper circuit. Time Technoplast, Anant Raj Ltd, and Indostar Capital Finance all experienced over 10% gains as a result of heavy buying.

In other news, NDTV reported that the deal needed SEBI permission for Adani Group. Speaking of the Adani Group's high debts, Bloomberg data indicates that Adani Green Energy's debt-to-equity ratio of 2021% is the second worst in Asia.

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