Low Price Shares locked in Upper Circuit on September 28,2022

low price stocks

Stock Recommendations
by 5paisa Research Team Last Updated: 2022-09-28T12:52:12+05:30

On Wednesday, the benchmark indices traded lower with Sensex declining up to 250 points. Meanwhile, auto and IT stocks gained, taking the sectoral lead. 

Dampened foreign flows, moderate global sentiments and hopes of harder monetary policy underpinned domestic equity markets on Wednesday. Nifty50 fell over 100 points to trade below 16,900 levels while BSE Sensex dropped over 500 points to hit a low of 56,498 levels.

List of Low Price Shares Today: September 28

Following is the list of low price stocks locked in the upper circuit on September 28. Keep a close eye on these counters for the upcoming sessions.

Sr No.  

Security Name  

LTP (Rs)  

% change in price  

1  

Madhusudan Industries  

24  

20  

2  

Gujarat Hy-Spin  

21.63  

19.97  

3  

Paragon Finance  

20.35  

10  

4  

Sprayking Agro Equipment  

40.7  

10  

5  

DMR Hydroengineering & Infrastructures   

30.8  

10  

6  

Olatech Solutions   

90.75  

10  

7  

Hindustan Motors  

15.75  

5  

8  

Sarda Proteins  

85.1  

5  

9  

Kabsons Industries  

12.81  

5  

10  

Shree Pacetronix  

68.25  

5  

Towards the noon session, the stocks of Sun Pharmaceutical Industries, Dr Reddy’s Laboratories, Asian Paints, Mahindra & Mahindra and Powergrid Corporation of India were the top gainers whereas ITC, IndusInd Bank, HDFC, NTPC and HDFC Bank were the top losers.

On the sectoral front, all sectors traded on a volatile note with auto, IT and pharma seeing marginal gains. The broader markets also showed marginal gains with Nifty Midcap 100 index beating the benchmark. On BSE, the top three midcap stocks were Supreme Industries, Muthoot Finance and Tata Communication whereas the top three small-cap stocks were Fermenta Biotech, Rama Phosphates and ITI.

Amid the volatility, the shares of Torrent Pharma slipped 6% despite the announcement that the company signed a definitive agreement to acquire Curatio Healthcare for Rs 2,000 crore. On the other hand, the shares of Liberty Shoes, a micro-cap stock, jumped 8% to touch a fresh four-year high of Rs 270.40 per share, outperforming the weak market.
 

 

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