Top 3 stocks trading below Rs 100

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

Here’s an in-depth look.

Bajaj Hindusthan Sugar Ltd

Bajaj Hindusthan Sugar Ltd closed at Rs 43.96, up by 6.03% from the previous close of Rs 41.46. With a high of Rs 44.95, the stock traded a significant volume of 77.83 lakh shares today. Currently trading near its 52-week high of Rs 44.95, the stock has shown multibagger returns of 176.48% from its 52-week low. The Relative Strength Index (RSI) stands at 67.15, indicating bullish momentum. Investors observed price volume breakout and a notable volume spike, reinforcing the bullish sentiment.

Shipping Corporation of India Ltd

Shipping Corporation of India Ltd ended the day at Rs 98.80, marking a 15.07% increase from the previous close of Rs 85.86. The stock hit a high of Rs 102.47 with a trading volume of 41.94 crore shares. Currently trading near its 52-week high of Rs 102.47, it has shown impressive returns of 174.44% from its low. The RSI is at 78.36, suggesting strong buying momentum. Investors noted a price volume breakout and an all-time high breakout, highlighting strong bullish indicators.

KCP Sugar and Industries Corp Ltd

KCP Sugar and Industries Corp Ltd closed at Rs 54.50, up by 19.99% from the previous close of Rs 45.42. It recorded a high of Rs 54.50 with a trading volume of 1.48 crore shares. The stock is currently trading at its 52-week high, showing returns of 124.74% from its low. The RSI stands at 74.93, indicating strong bullish momentum. Investors observed a price volume breakout and a notable volume spike, signaling robust buying interest.

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.