Top 3 stocks trading below Rs 100

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

Here’s an in-depth look.

Bank of Maharashtra Ltd

Bank of Maharashtra Ltd saw a significant trading volume of 11.62 crore shares today. The stock is currently trading at Rs 68.8, up from its previous close of Rs 65.08, reflecting a robust 5.72% increase. This price movement indicates a price-volume breakout with a noticeable volume spike. The stock has bounced back from support levels and has shown multibagger returns of 130.49% from its 52-week low. With a market cap of Rs 48,699.41 crore and RSI of 62.76, it appears to be in a strong uptrend, approaching its 52-week high of Rs 73.5.

MMTC Ltd

MMTC Ltd experienced heavy trading with a volume of 5.71 crore shares today. The stock is currently trading at Rs 95.2, a notable rise from its previous close of Rs 88.61, indicating a 7.44% increase. This price movement suggests a price-volume breakout with a significant volume spike, nearing its 52-week high of Rs 101.9. With multibagger returns of 196.57% from its 52-week low and a market cap of Rs 14,238 crore, the stock is in a strong upward trend. The RSI stands at 73.33, showing overbought conditions but indicating strong momentum.

PC Jeweller Ltd

PC Jeweller Ltd saw a trading volume of 63.19 lakh shares today. The stock is currently trading at Rs 71.09, up from its previous close of Rs 69.69, marking a 2.01% increase. This price action indicates a price-volume breakout with a volume spike, and it has broken out to a new 52-week high of Rs 72.8. With multibagger returns of 179.33% from its 52-week low and a market cap of Rs 3,294.22 crore, the stock shows strong bullish momentum. The RSI is high at 84.79, indicating overbought conditions but affirming the strong upward 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.