These low price stocks were locked in the upper circuit on Thursday!

These low price stocks were locked in the upper circuit on Thursday!

by 5paisa Research Team Last Updated: 2022-05-12T12:10:39+05:30

Indian benchmark indices Sensex and Nifty 50 were trading downwards amid weak global sentiments.

On the sectoral front, most of the indices were trading in red today, with BSE Metals and BSE Power being the most affected sectors. Nifty Bank index was at 33,727.35 level, down by 2.78%. Punjab National Bank’s shares tanked by 11.63% due to a heavy decline in its net profit margins.

At 11:30 am, the market strength was very poor as 626 equities increased on the BSE, whereas 2550 declined. There were a total of 84 shares that remained unchanged. In morning trade, 98 stocks are locked in the upper circuit whereas 417 were in their lower circuits. In the case of domestic indices, the Sensex was trading at a level of 53,062.06, down by 1.90%, and the Nifty 50 was trading at 15,846.80, down by 1.98%

BSE Midcap index was trading at a level of 21,640.86, down by 2.26%. The top gainers of the index were Gujarat Gas Ltd, Endurance Technologies Ltd and Sona BLW Precision Forgings Ltd. The top stocks dragging the index down were Trent Ltd, Adani Power and Shriram Transport Finance Company Ltd. All of these stocks were down by more than 4%.   

BSE Smallcap index was trading at 25,014.73, down by 1.89%. The top gainers were Skipper Ltd, Man Industries India Ltd and KRBL Ltd. The top stocks pulling the index down were Venus Remedies Ltd, Agi Greenpack Ltd and Birla Tyres Ltd. All of these stocks fell by more than 9%.

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

Sr No  

Stock Name  

LTP  

Price Change (%)  

1  

Lorenzini Apparels  

14.88  

9.98  

2  

Jindal Capital Ltd  

26.5  

9.96  

3  

Ashiana Ispat Ltd  

21.65  

9.9  

4  

N2N Technologies Ltd  

29.4  

5  

5  

Ganesh Films India Ltd  

16.8  

5  


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