These low-priced stocks were locked in the upper circuit on Wednesday

These low-priced stocks were locked in the upper circuit on Wednesday.

by 5paisa Research Team Last Updated: Nov 17, 2021, 03:10 PM IST

Nifty Smallcap 100 index is trading at 11,260 levels, up by almost 0.50% from yesterday’s closing.

Indian headline equity indices are continuing yesterday’s correction streak.

At 2:37 pm on Wednesday, Nifty 50 and Sensex are down by 0.24% and 0.20% respectively. Similarly, Bank Nifty is down by 170 points i.e. 0.45%. Nifty Smallcap 100 index is trading at 11,260 levels, up by almost 0.50% from yesterday’s closing. Birlasoft, Lux Industries, Tanla Platforms and Trident are among the small-cap top gainers.

Following is the list of low-priced stocks that were locked in the upper circuit on Wednesday. Keep a close eye on these counters for the upcoming sessions.

Sr No  

Stock  

LTP  

Price Change (%)  

Trident  

43.05 

3i Infotech  

81.05 

4.99 

Tata Tele  

76.25 

4.96 

Sintex PlasticsTechnology  

11 

4.76 

Megasoft  

27.65 

4.93 

Goldstone Technology  

55.15 

4.95 

SPML Infra  

14.05 

4.85 

Indowind Energy  

15 

4.9 

Shah Alloys  

32.8 

4.96 

10 

Cinevista Ltd  

19.05 

4.96 

Saboo Sodium Chloro Limited has announced that it has received an unsolicited acquisition LOI (letter-of-intent) for a 100% sale of Samskara Resort and Spa. The relevant LOI is dated 8 November 2021 and is from a 30-year-old prominent Swiss RE investment firm. Negotiations are taking place in Jaipur. A sale decision, if reached, will value Samskara Resort and Spa in the range of Rs 100-150 crore. The figure will be inclusive of debt and associated trademarks and intellectual property.

The Saboo Group traces its roots back to the late 1940s when it pioneered the manufacturing of emery stones and flour mills for the first time in India. Today the Saboo group of industries is dominating the field of emery stones, flour mills and grinding machines in the entire Indian market. Apart from these products, the group is also actively involved in the manufacturing and exports of abrasives and minerals, food products i.e. salt, spices etc., solar energy, guar gum and the hospitality Industry. The Saboo group of companies is situated in the state of Rajasthan and have offices at Nawa city and Jaipur.

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SENSEX
52,727.98
462.26 (0.88%)
Nifty 50
15,699.25
142.60 (0.92%)
Nifty Bank
33,627.45
492.45 (1.49%)

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