Price Volume breakout stocks: These stocks likely to be in focus tomorrow!

On Thursday, July 31, Indian benchmark indices ended their two-day winning streak, closing lower amid pressure from heavyweight stocks like Reliance Industries and Bharti Airtel. The Nifty 50 declined by 86.70 points or 0.35 per cent to settle at 24,768.35, while the Sensex slipped 296.28 points or 0.18 per cent to close at 81,185.58.

Top 3 price-volume breakout stocks:

Sagility India Ltd recorded a strong trading session with a sharp price-volume breakout. The stock closed at Rs 46.62, rising 9.98 per cent from its previous close of Rs 42.39. The traded volume stood at 18.28 crore shares, reflecting a significant volume spike. The stock is currently trading at Rs 46.62 and has delivered returns of 72.54 per cent from its 52-week low. The company has a market capitalisation of Rs 21,930.78 crore. The recent movement was accompanied by a noticeable increase in volume.

Greaves Cotton Ltd witnessed a price-volume breakout with high trading activity. The stock is currently trading at Rs 226.49, up 6.78 per cent from the previous close of Rs 212.11. The stock touched a high of Rs 244.30 during the day. With a volume of 5.53 crore shares traded, there was a visible volume spike. The stock has given returns of 47.93 per cent from its 52-week low. Its market capitalisation stands at Rs 5,266.93 crore.

HEG Ltd also displayed a strong price move backed by a volume increase. The stock closed at Rs 569.85, rising 6.66 per cent from its previous close of Rs 534.25. The stock hit a high of Rs 619 during the session. A total of 4.67 crore shares were traded, indicating a significant volume spike. Currently trading at Rs 569.85, the stock has delivered returns of 72.03 per cent from its 52-week low. The company has a market capitalisation of Rs 11,056.55 crore.

Following is a list of stocks with a strong positive breakout:

Disclaimer: The article is for informational purposes only and not investment advice.