Low-Priced Stocks: These stocks made a fresh 52-week high on Friday

resr 5paisa Research Team

Last Updated: 14th December 2022 - 05:40 pm

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The BSE Smallcap index is trading at 28,614, up by 1.01%, with the top 3 gainers being Gujarat Fluoro, Indian Energy Exchange (IEX) and Deepak Nitrite.

At noon on Friday, headline indices Sensex and Nifty were seen trading at 58,406 and 17,393 levels respectively.

In a volatile trading session on Friday, the top 5 gainers of Nifty 50 were United Phosphorus Ltd (UPL), Larsen, BPCL, Tata Steel and Indian Oil Corporation Ltd (IOC), while the top 5 losers were Bharti Airtel, Dr Reddy’s Labs, Sun Pharma, Cipla and SBI Life Insurance.

In the broader markets, the BSE Midcap index is at 25,360, up by 0.59%. The top 3 gainers being Indian Hotels Company, Glaxo Smith Kline and Jindal Steel. The top 3 stocks dragging the index include Apollo Hospital, Emami and Alkem Laboratories Ltd.

The BSE Smallcap index is trading at 28,614, up by 1.01%, with the top 3 gainers being Gujarat Fluoro, Indian Energy Exchange (IEX) and Deepak Nitrite. Dragging the index down, were Trident, Timken and Minda Industries.

Looking at BSE Sectoral indices, BSE IT, BSE Consumer Durables, BSE Utilities are looking very bullish. On the contrary, BSE FMCG and BSE Metal are showing bearish indications today.

India’s services activity level has remained elevated in November 2021. The Services Purchasing Managers Index (PMI) eased to 58.1 in November as compiled by IHS Markit. A PMI above 50 indicates rising economic activity. This means that the services sector in India is growing at a robust pace. However, increasing inflation is still a major concern.

Following is the list of low-priced stocks that made a fresh 52-week high on Friday. Keep a close eye on these counters for the upcoming sessions.

SR No  

Company Name  

LTP  

% Change  

1  

MBL Infrastructures Limited  

32.2  

5.92  

2  

Digjam Limited  

92.75  

4.98  

3  

Goldstone Technologies Limited  

93.95  

4.97  

4  

Servotech Power Systems Limited  

36.45  

4.89  

5  

SPML Infra Limited  

23.7  

4.87  

6  

Shah Alloys Limited  

55.6  

4.81  

7  

Indowind Energy Limited  

20.8  

4.79  

8  

DPSC Limited  

29  

2.29  

9  

ISMT Limited  

44  

2.21  

10  

Nandan Denim Limited  

99.25  

1.22  

11  

Nandani Creation Limited  

77.1  

0.72  

12  

HBL Power Systems Limited  

64.75  

0.39  

13  

Texmo Pipes and Products Limited  

67.75  

0  

14  

Mukta Arts Limited  

60.7  

-3.73  

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