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.

Manali Petrochemicals Ltd

Manali Petrochemicals Ltd saw significant activity with a traded volume of 5,159,594 shares, indicating a price volume breakout. Currently trading at Rs 82.8, it has risen from its previous close of Rs 78.4, reflecting a percent change of 5.61%. The stock is nearing its 52-week high of Rs 87.2, and its RSI stands at 70.08, suggesting it might be overbought. The market cap of Rs 1,427.09 crore and the one-year return of 24.07% highlight the stock’s performance.

DRC Systems India Ltd

DRC Systems India Ltd exhibited strong performance with a traded volume of 380,010 shares, signaling a price volume breakout. The stock is currently trading at Rs 22.45, up from its previous close of Rs 21.3, showing a percent change of 5.40%. With a 52-week high of Rs 23.37 and an RSI of 60.04, it appears to be in a strong position. The market cap stands at Rs 297.39 crore, and the impressive one-year return of 67.23% indicates robust growth. The stock has bounced back from its 50-day EMA, suggesting a potential upward trend.

Atlanta Ltd

Atlanta Ltd experienced notable trading activity with a volume of 73,323 shares, pointing to a price volume breakout. Currently trading at Rs 34.3, it has increased from its previous close of Rs 32.7, marking a percent change of 4.89%. The stock is approaching its 52-week high of Rs 38.75, with an RSI of 62.58, indicating a solid momentum. With a market cap of Rs 253.87 crore, Atlantaa Ltd has delivered multibagger returns of 145% over the past year. The stock’s upward movement, hitting upper circuits, and base breakout signal strong bullish trends.

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.