Top 3 stocks trading below Rs 100

During Tuesday’s trading sessions, these three equities gained significantly with price and volume activity, indicating potential bullish action.

Here’s an in-depth look.

Hindustan Construction Company Ltd

Hindustan Construction Company Ltd is currently trading at Rs 51.55, with a previous close of Rs 48.72, marking a 5.81% increase. The stock’s 52-week high is Rs 53.4, reflecting a market cap of Rs 8595.10 crore. Traded volume stands at approximately 96.08 crore shares, indicating significant investor interest. Returns from its 52-week low are impressive at 189.44%, suggesting multibagger potential. The Relative Strength Index (RSI) is at 66.57, indicating bullish momentum. Technical indicators like price volume breakout and bouncing from support levels suggest the stock is likely to experience a breakout soon.

Bajaj Hindusthan Sugar Ltd

Bajaj Hindusthan Sugar Ltd is trading at Rs 42.5, up 4.50% from its previous close of Rs 40.67. The stock’s 52-week high is Rs 44.4, with a market cap of Rs 5399.48 crore. Traded volume is significant at approximately 65.85 crore shares, indicating strong investor participation. Returns from its 52-week low stand at 167.30%, highlighting its potential as a multibagger stock. The RSI is at 64.17, indicating bullish momentum. Technical indicators suggest a price volume breakout and bouncing from support, suggesting a potential breakout in the near term.

Pioneer Embroideries Limited

Pioneer Embroideries Limited is currently trading at Rs 51.81, with a previous close of Rs 48.23, reflecting a 7.42% increase. The stock’s 52-week high is Rs 67, with a market cap of Rs 152.71 crore. Traded volume is relatively lower at approximately 3.09 lakh shares. Returns from its 52-week low are at 39.84%. The RSI is at 79.64, indicating strong bullish momentum. Technical analysis shows a price volume breakout, volume spike, and consolidation breakout from the 20-day EMA, suggesting potential 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.