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

Benchmark indices ended with steady gains on Tuesday, supported by strong buying in IT stocks, mainly Infosys, after the IT major announced that its board will consider a share buyback in the meeting scheduled for September 11.

The BSE Sensex maintained a positive trend throughout the session and closed 314 points, or 0.4 per cent, higher at 81,101. The NSE Nifty50 advanced 95 points to settle at 24,869.

Top 3 price-volume breakout stocks:

IOL Chemicals and Pharmaceuticals Ltd recorded a high of Rs 121.55 and is currently trading at Rs 116 compared to the previous close of Rs 111.79, reflecting a 3.77 per cent rise. The traded volume stood at about 6.56 crore shares, showing a volume spike. The stock has delivered multibagger returns of 101.74 per cent from its 52-week low, with a market capitalisation of Rs 3,469.07 crore. The movement also indicated a price volume breakout.

Precision Camshafts Ltd touched a high of Rs 262 and is currently trading at Rs 249.7 against the previous close of Rs 219.62, gaining 13.70 per cent. The traded volume was around 4.56 crore shares, showing strong participation. The returns from its 52-week low stand at 72.21 per cent, with the stock showing price volume breakout and volume spike. The market capitalisation of the company is Rs 2,416.36 crore.

Ujjivan Small Finance Bank Ltd reached a high of Rs 47.76 and is currently trading at Rs 47.64 compared to the previous close of Rs 44.17, up 7.86 per cent. The traded volume stood at 4.03 crore shares, reflecting strong activity. The bank has delivered returns of 54.27 per cent from its 52-week low, with a market capitalisation of Rs 9,224.39 crore. The stock movement also showed price volume breakout and volume spike.

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

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