Shares below Rs 100: Watch out for these low-priced stocks tomorrow!

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Shares below Rs 100: Watch out for these low-priced stocks tomorrow!

Watch out for Sundaram Finance Holdings, Gokul Refoils & Solvent and Fourth Dimension Solutions on Monday, September 26, 2022

The following low-priced stocks are likely to be in focus on Monday, September 26, 2022:  

Sundaram Finance Holdings - Heavy buying was seen in this counter on Friday and the scrip rallied more than 17 per cent to record a fresh intraday high of Rs 100 per share on NSE. However, this rally was short-lived and the stock corrected to trade in the range of Rs 95-Rs 92 in the latter half of the trading session. Its shares are currently trading at a PE of 24.50. The company is primarily engaged in the business of investments, business processing, and support services. 

Gokul Refoils & Solvent – The counter saw a solid price volume breakout during the first half of the trading session on Friday. The scrip surged 14 per cent, recording a fresh intraday high of Rs 34.80 per share. The company is engaged in the business of seed processing, solvent extraction, refining of edible oils, and industrial oils such as castor oil. 

Fourth Dimension Solutions – The scrip hit a 10 per cent upper price band of Rs 40.70 per share on NSE on Friday. It locked back-to-back upper circuits over the past several trading sessions. The stock has rallied 33.22 per cent over the last five trading sessions.   

Following is the list of low-priced price volume breakout stocks that witnessed heavy buying in today’s session:  

Low Priced Stock  LTP  Gains (%) Volume Change (Times)
Cranex  25.2 19.71 2.96
Ravindra Energy  64.45 15.19 3.58
HKG 16.95 13 3.13
Fourth Dimension Solutions 40.7 10 4.67
Gokul Refoils & Solvent  33.5 9.84 3.99
Maheshwari Logistics  85.35 9 4.23
Inditrade Capital  38.05 8.87 3.25
R&B Denims 46.7 8.73 3.66

Keep a close eye on these counters for the upcoming sessions!