Shares below Rs 100: Only buyers were seen in these stocks on August 29

On Tuesday, at 03:30 pm, indices ended the trading session in green with the BSE Sensex Index up 0.12 per cent at 65,076 and the NSE Nifty-50 Index up 0.19 per cent at 19,343. About 2,071 shares have advanced, 1,521 declined and 156 are unchanged on BSE.  

Kalyani Capital Ltd.’s shares were locked in a 10 per cent upper circuit to Rs 19.99 per share with a spurt in volume by more than 4.08 times on BSE. The stock is up by 175 per cent in just 2 years. In Q1FY24, the net sales increased by 65 per cent to Rs 5.97 crore and net profit increased by 108 per cent to Rs 1.75 crore compared to Q1FY23.

Patel Engineering Ltd, a multibagger stock in Vijay Kedia's portfolio, saw heavy buying and hit a 5 per cent upper circuit to Rs 59.86 per share with a spurt in volume by 3.12 times on BSE. The company, along with its joint venture (JV) partner, has received a letter of award for the Dibang Multipurpose Project for the construction of civil works for Lot 4 from NHPC Limited. Patel Engineering is a 50 per cent partner in the JV valued at Rs 3,637.12 crore, and its share in the project is Rs 1,818.56 crore. Vijay Kedia owns a 1.68 per cent stake in the company. The stock has given multibagger returns of 320 per cent in just six months.

Suzlon Energy Ltd, a multibagger stock in Mukul Agarwal's portfolio, saw heavy buying and hit a 5 per cent upper circuit to Rs 24.66 per share. The stock gave multibagger returns of 200 per cent in just 6 months. The company received 2 orders, Order 1 won a 201.6 MW order from O2 Power Private Limited (Teq Green Power XI Private Limited) and another one secured a 31.5 MW from Integrum Energy Infrastructure Private Limited.

Following is the list of low-priced stocks that were locked in the upper circuit on August 29:  

Investors should keep an eye on these stocks.

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