Top 3 stocks trading below Rs 100

During Friday’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 hit a high of Rs 78.15 today, with a significant traded volume of 150,302,419 shares. It is currently trading at Rs 77.9, up from its previous close of Rs 70.2, reflecting a 10.97% increase. The stock achieved its 52-week high at Rs 78.15 and has a market cap of Rs 46,571.88 crore. With returns from its 52-week low at an impressive 212.22%, it showcases multibagger returns. The RSI stands at 61.06, indicating strong momentum. Today’s performance highlights a price volume breakout, a volume spike, and a 52-week high breakout, suggesting a robust upward trend backed by substantial trading activity.

Sikko Industries Ltd

Sikko Industries Ltd reached a high of Rs 95 with a traded volume of 137,939 shares. It is currently trading at Rs 94, which is up from its previous close of Rs 86.4, marking an 8.80% increase. The stock’s 52-week high is Rs 118, and its market cap is Rs 157.92 crore. With a return from the 52-week low at 72.32%, the stock shows considerable growth potential. The RSI is at 63.67, suggesting a healthy momentum. Today’s activity indicates a price volume breakout and a volume spike, with the stock being a breakout candidate consolidating near resistance, pointing to potential further gains.

Vakrangee Limited

Vakrangee Limited saw a high of Rs 24.1 today with a traded volume of 19,247,728 shares. It is currently trading at Rs 23.8, up from its previous close of Rs 22.2, showing a 7.21% increase. The stock’s 52-week high is Rs 32.2, and it has a market cap of Rs 2,550.21 crore. The returns from the 52-week low stand at 63.57%, indicating a strong recovery. The RSI is 51.74, reflecting balanced momentum. Today’s trading reflects a price volume breakout and a volume spike, with the stock bouncing from support, indicating the potential for further upward movement.

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.