Low Priced Stocks To Watch: Only buyers in these Low Priced Stocks that jumped by ~20 per cent

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Low Priced Stocks To Watch: Only buyers in these Low Priced Stocks that jumped by ~20 per cent

Rising stock prices aided with increased volume indicates strength in the price momentum.

The frontline indices traded at all time highs on Thursday even as the broader markets outperfomed the frontine indices by a good margin. Several smallcaps and midcaps were seen making record highs on the bourses on Thursday trading session.

Several small cap stocks were locked in upper circuit. We also saw several Low Priced Stocks trading with huge gains and with a spike in volume. Rising stock prices aided with increased volume indicates strength in the price momentum. 

Here is the list of Low Priced Stocks that gained nearly 20 per cent on Thursday and hit the upper circuit after witnessing a spike in volumes: 
 

Sr.No. Company Name CMP Price Gain (%) Volume Change (Times)
1 Megastar Foods 40.50 20.00 5.67
2 Shankar Lal Rampal Dye-Chem  75.05 19.98 26.38
3 Simmonds Marshall 47.85 19.92 4.11
4 Vakrangee 36.15 19.90 3.39
5 B N Rathi Securities 41.90 19.89 5.99
6 Bhagyanagar India 57.60 19.75 8.85
7 HBL Power Systems 51.35 19.70 3.94