Wednesday, October 30, 2024
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HomeStocksStocks under Rs 100 that Registered Robust Volumes

Stocks under Rs 100 that Registered Robust Volumes

Today, the Indian market is trading in the green on the very first day of the week. The broader indices like Nifty50 are trading around 290 points higher than Friday’s closing levels at 21,646, while the S&P BSE is trading at 71,430, reflecting a gain of around 730 points from the previous trading day’s closing levels.

Finding good stocks under Rs 100 with high volumes throughout the week is like a complete package for investors who consistently seek low-priced stocks. Stocks trading with high volumes should always be kept on the radar. This not only signifies investor participation but also, if the delivery volumes increase during any period, say a week or a month, it gives more confidence to track those stocks as it indicates the money inflow in those stocks.

In this article, we are going to explore stocks priced under Rs 100 that also registered robust volumes in both trading and delivery volumes during the last week.

NMDC Steel Limited

National Mineral Development Corporation (NMDC), a Navratna Public Sector Enterprise under the Ministry of Steel, Government of India, is the single largest producer of iron ore in India. It owns and operates iron ore mines in Chhattisgarh and Karnataka and has its registered office in Hyderabad, Telangana.

During the last week, the NMDC Steel stock surged by 12.56% last week, and the trading volumes increased over 2.56 times compared to the average traded quantity of the last five weeks. Additionally, the delivery volumes spiked by 2.24 times when compared to the average delivery volumes of the past five weeks. 

IDBI Bank

IDBI Bank is engaged in the business of monetary intermediation for commercial banks, savings banks, postal savings banks, and discount houses.

During the last week, the company’s stocks surged by 5.56% last week, and the trading volumes increased over 2.77 times compared to the average traded quantity of last five weeks. Additionally, the delivery volumes spiked by 1.90 times when compared to the average delivery volumes of the past five weeks.

IDBI Bank

IDFC First Bank

IDFC First Bank is engaged in the business of banking services. It was formed through the merger of Erstwhile IDFC Bank and Erstwhile Capital First on December 18, 2018.

During the last week, the company’s stocks declined by 8.72% last week, and the trading volumes increased over 1.5 times compared to the average traded quantity of the last five weeks. Additionally, the delivery volumes spiked by 1.75 times when compared to the average delivery volumes of the past five weeks.

IDFC First Bank

Suzlon Energy

Incorporated in 1995, Suzlon Energy Ltd manufactures wind turbine generators and related components. The company is a renewable energy solutions provider and is involved in the manufacturing, project execution, operation, and maintenance of wind turbine generators, as well as the sale of related components.

During the last week, the company’s stocks surged over 1.80%, and the trading volumes increased over 1.67 times compared to the prior week. Additionally, the delivery volumes spiked by 1.72 times when compared to the average of the past five weeks.

Suzlon

NHPC

NHPC, a Mini Ratna category I public sector utility, is the Government of India’s flagship hydroelectric generation company. The company is primarily engaged in the generation and sale of bulk power to various power utilities. Its other business activities include providing project management, construction contracts, consultancy assignment services, and trading of power.

During the last week, the company’s stocks surged over 3.48%, and the trading volumes increased over 1.70 times compared to the prior week. Additionally, the delivery volumes spiked by 1.60 times when compared to the average of the past five weeks.

NHPCc

Stocks Wise Volume Data:

Stock Name Sector Name Dly Times (x) Traded Times (x)
NMDC Steel Ltd.

Iron & Steel

2.24

2.56
IDBI Bank Ltd.

Banking

1.9

2.77

IDFC First Bank Ltd.

Banking

1.75

1.5

Suzlon Energy Ltd.

Capital Goods

1.72

1.67

NHPC Ltd.

Power 1.6

1.69

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
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