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Top 3 stocks trading below Rs 100

Updated on: May 27, 2024, 6:09 PM IST
Price and volume breakout is the best combination investors should watch for. Interestingly, today all 3 stocks mentioned inside belong to the banking sector.
Top 3 stocks trading below Rs 100
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During Monday’s trading sessions, these three stocks gained significantly with price and volume activity, indicating potential bullish action. Here’s an in-depth look.

Indian Overseas Bank

Shares of Indian Overseas Bank closed at Rs 74.42, up 10.69% compared to the previous close of Rs 67.23. Today’s trading session saw a significant volume spike, with 12.70 times the average trading volume. The market cap stands at Rs 1,40,671 crore, with a notable 1-year return of 207%, making it a multibagger. Its 52-week high and low prices are Rs 83.80 and Rs 23.60 respectively.

UCO Bank Limited

UCO Bank’s stock closed at Rs 60.99, up 7.13% compared to the previous close of Rs 56.93. Today’s trading session saw a significant volume spike, with 3.18 times the average trading volumes. The market cap stands at Rs 72,919 crore, with a notable 1-year return of 130.50%, making it a multibagger. The RSI at 68.91 suggests the stock is neither overbought nor oversold, indicating potential stability.

Punjab & Sind Bank Limited

Shares of Punjab & Sind Bankclosed at Rs 64.57, up 4.87% compared to the previous close of Rs 61.57. Today’s trading session saw a significant volume spike, with 2.49 times the average trading volumes. The market cap stands at Rs 43,764 crore, with a notable 1-year return of 97%3. Its 52-week high and low prices are Rs 77.50 and Rs 29.41 respectively.

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.

Published on: May 27, 2024, 6:09 PM IST

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