Low Priced Stocks: These stocks are locked in the upper circuit when Sensex is down by more than 100 points.
BSE Sensex is trading with losses on Wednesday as investors indulge in profit booking at all-time high levels. The earnings season so far has driven the markets higher in past one week.
Profit booking is seen in some of the trending Tata Group stocks such as Tata Motors and Tata Power. The shares of Tata Power are trading down by more than 1% while the shares of Tata Motors are trading flat, on an intraday basis.
The banks are seen outperforming along with the telecom stocks. SBI is the top banking gainer while Vodafone Idea is the top telecom gainer on Wednesday.
The IT stocks are trading mixed with the shares of Mastek falling by more than 13% while the shares of Tech Mahindra and HCL Tech gain more than 1% each.
The shares of Deepak Nitrate slipped by 8% ahead of its Q2FY22 results. The results will be declared on October 27. In the early hours of the trade, the stock was down by 10% and locked in the lower circuit. The shares of CG Power are locked in the upper circuit on Wednesday on an intraday basis.
Several low priced stocks or stocks that trade below Rs 100 per share were seen outperforming the markets with a few of them locked in the upper circuit.
Following is the list of the low priced stocks that are locked in the upper circuit:
Sr No |
Stock Name |
LTP (Rs) |
Price Gain (%) |
1 |
Digjam |
19 |
4.97 |
2 |
Rohit Ferro-Tech |
12.85 |
4.9 |
3 |
One point one solution |
41.25 |
4.96 |
4 |
Tilak Nagar Industries |
49.1 |
4.91 |
5 |
Imagica World Entertainment |
13.2 |
4.76 |
6 |
Visa Steel Ltd |
15.1 |
4.86 |
7 |
Eurotex Industries |
14.7 |
5 |
8 |
Standard Industries |
16.15 |
4.87 |
9 |
We Win |
30.35 |
4.84 |
10 |
Lyka Lab |
89.1 |
4.95 |
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Tanushree Jaiswal
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