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.

Irb Infrastructure Developers Ltd

Irb Infrastructure Developers Ltd experienced a notable trading session today. The stock hit a high of Rs 74.4, with a significant traded volume of 125,754,588 shares. It is currently trading at Rs 73.5, up from its previous close of Rs 69.3, marking a 6.06% increase. This move brings the stock close to its 52-week high of Rs 74.4. The market cap stands at Rs 44,327.44 crore. Over the past year, it has delivered impressive multibagger returns of 164.98%. Key technical indicators highlight a price volume breakout and volume spike, with an RSI of 67.12 signaling strong momentum.

Suzlon Energy Ltd

Suzlon Energy Ltd saw significant action today, with the stock reaching a high of Rs 46.25 and a substantial traded volume of 80,208,192 shares. It is currently trading at Rs 46.1, up from the previous close of Rs 44.05, reflecting a 4.65% increase. The stock is approaching its 52-week high of Rs 50.6, and the market cap is at Rs 62,612.96 crore. Suzlon has provided multibagger returns of 386.77% over the last year. Technical analysis indicates a price volume breakout, volume spike, and an RSI of 70.15, along with a base and trendline breakout.

Sikko Industries Ltd

Sikko Industries Ltd had an active trading day, with the stock peaking at Rs 90.55 and a traded volume of 228,071 shares. The stock is currently trading at Rs 90.55, up from its previous close of Rs 82.35, showing a 9.96% rise. Despite being below its 52-week high of Rs 118, the market cap is Rs 152.12 crore. Over the past year, Sikko Industries has returned 24.23%. The stock’s price volume breakout, volume spike, and RSI of 73.78 indicate strong bullish momentum and a base breakout.

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.