Shares below Rs 100: Only buyers were seen in these stocks on July 03

On Monday, at 03:30 pm, indices ended the trading session higher with the BSE Sensex Index up 0.75 per cent at 65,205.05 and the NSE Nifty-50 Index up 0.71 per cent at 19,322.55. About 1,972 shares have advanced, 1,721 declined and 147 are unchanged on BSE.  

Ashirwad Steels & Industries Ltd operates as an iron company. The Company manufactures steel tubes sponge iron and pipes, as well as provides bottling of residual liquefied hydrocarbon gas and liquefied petroleum gas. The stock was locked in a 20 per cent upper circuit to Rs 36.54 per share. The shares of the company traded at a new 52-week high of Rs 36.54 per share and gave multibagger returns of 120 per cent in just 1 year.

Vedant Asset Limited provides financial products and services. The Company offers mutual funds, investments, insurance, loans, and payments services. The shares of the company zoomed 20 per cent upper circuit to Rs 58.44 per share with a spurt in volume by more than 3.70 times on BSE.

Relicab Cable Manufacturing Ltd is an SME which does manufactures and marketing of PVC compounds, wires and cables. The company's shares saw heavy buying and hit a 20 per cent upper circuit to Rs 68.40 per share with a spurt in volume by more than 2.25 times on BSE. The stock gave multibagger returns of 103 per cent in just 1 year and over 200 per cent in 5 years.

Following is the list of low-priced stocks that were locked in the upper circuit on July 03:

Investors should keep an eye on these stocks.