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.

MMTC Ltd

MMTC Ltd’s stock is currently trading at Rs 85.33, showing a notable increase of 7.66% from the previous close of Rs 79.26. The stock has hit a high of Rs 91 today, with a substantial traded volume of 7.93 crores. MMTC Ltd has a market cap of Rs 12,970.91 crores and a return from its 52-week low of an impressive 172.62%, making it a multibagger. The stock is breaking out in terms of price volume and has spiked in volume, indicating strong market interest. It is also breaking resistance and has bounced back from the 50-day EMA. The RSI at 65.53 suggests it is approaching overbought territory.

Subex Ltd

Subex Ltd is trading at Rs 32.77, with a significant 6.57% rise from the previous close of Rs 30.75. Today’s high is Rs 33.65, with a notable trading volume of 4.20 crores. The market cap stands at Rs 1,744.89 crores, and the stock has returned 45.64% from its 52-week low. The stock is showing a price volume breakout and a volume spike, making it a strong candidate for a range or consolidation breakout. With an RSI of 65.27, Subex Ltd is nearing overbought conditions.

Country Club Hospitality & Holidays Ltd

Country Club Hospitality & Holidays Ltd is experiencing a remarkable day, trading at its 52-week high of Rs 24.64, up by an impressive 19.96% from the previous close of Rs 20.54. The traded volume today is 33.36 lakhs. The market cap is Rs 373.59 crores, and the stock has delivered multibagger returns of 288.03% from its 52-week low. The stock is breaking out in terms of price volume and is experiencing a significant volume spike, marking a 52-week high breakout. The RSI is at 80.1, indicating that the stock is in the overbought zone.

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.