Top 3 stocks trading below Rs 100

During Wednesday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action.

Here’s an in-depth look.

PC Jeweller Ltd

PC Jeweller Ltd has shown strong performance today, with a high of Rs 67.75 and a significant traded volume of 2.02 crores. The stock is currently trading at Rs 66.63, up from its previous close of Rs 61.77, marking a 7.87% increase. The stock achieved a new 52-week high of Rs 67.75. The company’s market cap stands at Rs 3084.44 crore. Notably, the stock has given multibagger returns of 161.81% from its 52-week low. The RSI is at 81.22, indicating overbought conditions. The stock is witnessing a price-volume breakout with a volume spike, suggesting strong bullish momentum.

Manaksia Aluminium Comapany Ltd

Manaksia Aluminium Co Ltd experienced a robust trading session, reaching a high of Rs 35.58 with a traded volume of 15.54 lakhs. It is currently trading at Rs 35.58, up from the previous close of Rs 32.35, reflecting a 9.98% increase. The 52-week high is Rs 46, and the market cap is Rs 233.12 crore. The stock has returned 58.84% from its 52-week low. The RSI is at 79.61, nearing overbought levels. The stock shows a price-volume breakout, volume spike, and a base breakout, indicating a bounce from EMAs, signaling potential continued upward movement.

Generic Engineering Construction and Projects Ltd

Generic Engineering Construction and Projects Ltd has had a bullish day, with a high of Rs 68.98 and a traded volume of 15.79 lakhs. The stock is currently trading at Rs 67.90, up from its previous close of Rs 64.91, marking a 4.61% increase. It achieved a new 52-week high of Rs 68.98. The market cap is Rs 360.12 crore. The stock has delivered multibagger returns of 96.53% from its 52-week low. The RSI is at 80.55, indicating overbought conditions. The stock is experiencing a price-volume breakout with a volume spike, suggesting a strong bullish trend.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. The information is based on various secondary sources on the internet and is subject to change. Please consult with a financial expert before making investment decisions.