Low Priced Stocks: These trending stocks made new 52-week high on October 1, 2021.

Low Priced Stocks: These trending stocks made new 52-week high on October 1, 2021.

by 5paisa Research Team Last Updated: Dec 15, 2022 - 12:06 am 51k Views
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BSE Consumer Durables index was the top gainer among sectoral indices and jumped by 0.85% i.e. 353.11 points to end at 41,692.90.

A volatile trading session on October 1, 2021, saw major domestic indices Nifty 50 and Sensex fall by 0.49% and 0.61% respectively. Nifty Bank also lost 199.20 points i.e. 0.53% to end the session at 37,225.9. BSE Realty index corrected by 1.56%. Oberoi Realty, Godrej Properties and Prestige Estates were top losers. BSE Consumer Durables index was the top gainer among sectoral indices and jumped by 0.85% i.e. 353.11 points to end at 41,692.90.Amber Enterprises, Dixon Technologies, CG Power and Bajaj Electricals were top gainers of the index.

Following is the list of low-priced stocks that touched a new 52-week high on October 1, 2021:

Company  

New 52 Week High  

Previous 52 Week High  

Closing Price  

GMR Infrastructure Limited  

41.65  

39.4  

41.25  

IDBI Bank Limited

49.7  

48.75  

49.2  

Trident Limited

29.4  

28.05  

29.4  

Lagnam Spintex Limited

47.3  

45.05  

47.3  

Brightcom Group Limited

61.15  

58.25  

61.15  

IDBI Bank recorded fresh 52-week highs of Rs 49.7 per share. The bank has recently signed a co-lending agreement with Ugro Capital. The co-lending arrangement will work towards providing formal credit to underserved MSMEs, at affordable rates.

GMR Infrastructure also touched new 52-week highs of Rs 39.40 per share today. GMR Infrastructure is a leading global infrastructure conglomerate with interests in the airport, energy, transportation and urban infrastructure. The airport regulator has recently announced that it has allowed GMR Hyderabad International Airport to increase the user development fee (UDF) from the existing Rs 281 to Rs 480 and Rs 393 to Rs 700 for domestic and international passengers respectively from April 1, 2022.

Palred Technologies has announced that they have launched next-gen tech gadgets under their brand pTron and will be offering massive festive discount on their TWS range starting at Rs 699. The company targets a 25% growth this festive season despite pandemic. pTron’s newest range of gaming TWS earbuds & Wireless ENC Neckband is tech boosted to furnish accelerated and seamelss gaming, streaming, music & call experience.

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