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.

Windsor Machines Ltd

Currently trading at Rs 93.1, Windsor Machines Ltd saw a significant uptick of 9.47% from its previous close, reaching Rs 94.2. This surge accompanied a notable spike in traded volume, with 2,860,304 shares exchanged. Additionally, the Relative Strength Index (RSI) stands at 61.83, indicating a bullish momentum. This price volume breakout suggests a potential upward trend. Windsor Machines Ltd is also trading near its 52-week high of Rs 104.3.

Sarla Performance Fibers Ltd

Sarla Performance Fibers Ltd is currently trading at Rs 90.25, experiencing a 7.57% increase from its previous close, reaching Rs 92.7. The traded volume spiked significantly, totaling 4,016,871 shares. Moreover, the RSI is at a high level of 76.52, indicating strong bullish sentiment. Notably, the stock is trading at its 52-week high, which often signifies positive market sentiment and investor interest. This upward movement, coupled with a price volume breakout and high RSI, suggests a potential continuation of the uptrend.

PTC India Ltd

PTC India Ltd is currently trading at Rs 224.5, showing a modest 1.93% increase from its previous close of Rs 220.25. The traded volume is significant at 1,558,902 shares, indicating heightened market activity. The RSI stands at 57.89, reflecting a relatively neutral market sentiment. However, the price volume breakout suggests potential upward movement in the stock price. With the stock trading near its 52-week high of Rs 254.6, investors might anticipate further positive momentum.

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.