Stocks Trading Below Rs 100: Allcargo, CESC, AGS Transact Tech, Network 18 on the Rise

These 4 stocks have shown substantial gains on Thursday’s trading sessions, indicating strong bullish activity.  

Here’s an in-depth look at them: 

Allcargo Terminals Ltd 

Allcargo Terminals has given a volume price breakout on a daily timeframe. The stock is currently trading at Rs 52 and has seen a spurt in volume of 2.06 times. The stock price has witnessed a 52-week breakout and also broke the level of the day when it was listed on the exchange. This is a company that was listed in the month of August 2023 with a listing loss of 45.32%.  

Allcargo Terminals operates Container Freight Stations (CFS) and Inland Container Depots (ICD) across the country, offering one of India’s widest CFS networks. 

CESC Limited 

CESC’s stock price has given a 52-week breakout with a positive sign of bullish activity. This breakout is further confirmed by a volume spike that was 14 times more than the daily average volume. This is a promising sign that the stock is in high momentum and traders are showing interest in this particular stock. CESC has generated more than 50% returns since the low of March 2023, when it started its uptrend and continued until now. 

CESC Ltd is in the business of generation and distribution of electricity. 

AGS Transact Tech 

AGS Transact Tech stock has broken 52 weeks high over the daily timeframe and also witnessed a multi-year breakout yesterday. The stock has been witnessing huge volume spikes since the last few trading sessions. The stock price is in an uptrend since the month of April 2023. On Thursday, the price touched its 52-week high by surging more than 4%. The stock has given 75.75% returns since the low of April 2023 

AGS Transact Technologies Ltd is one of India’s leading Omni-channel payment solution providers. It is the second-largest company in India in terms of revenue from ATM-managed services and also the largest deployer of POS terminals at petroleum outlets in India. 

Network 18 India 

Network 18 India stock price has been surging upwards since the month of April 2023 the stock price is continuously making Higher Highs and Higher lows. On Wednesday price broke its 52-week high with thrust full action and support of volume. The stock has generated 40% returns in the last 6 months. 

Network 18 Media & Investments is engaged in activities spanning across Digital Content, Print and Allied Businesses. 

Following is the list of above 4 stocks with their respective LTP) 

Stock price is recorded at the time of Writing 

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.