Top 3 Stocks Under Rs.100 Registered Robust Volumes

Today, the Indian market is trading in the red on the very first day of the week. The major indices like Nifty50 are trading around 150 points down from Friday’s closing levels at 22519.40, while the S&P BSE is trading at 73,720, reflecting a decline of around 524 points from the previous trading day’s closing levels.

Finding good stocks under Rs 100 with high volumes throughout the week is like a complete package for investors who consistently seek low-priced stocks. Stocks trading with high volumes should always be kept on the radar. This not only signifies investor participation but also, if the delivery volumes increase during any period, say a week or a month, it gives more confidence to track those stocks as it indicates the money inflow in those stocks.

In this article, we are going to explore stocks priced under Rs 100 that also registered robust volumes in both trading and delivery volumes during the last week.

Vodafone Idea

Vodafone Idea is one of the leading telecom service providers in India. The company is engaged in the business of Mobility and Long-Distance services, as well as trading of handsets and data cards.

During the last week, the Vodafone Idea share price declined by 2.63% last week, and the trading volumes increased over 1.71 times compared to the average traded quantity of the last five weeks. Additionally, the delivery volumes spiked by 2.24 times when compared to the average delivery volumes of the past five weeks. Today the shares of Vodafone idea trading around Rs 13.25 per share representing a gain of 2.23% compared to Friday’s closing level also taking good support from the previous support levels.

IRB Infrastructure Developers

IRB Infrastructure Developers is an infrastructure development and construction company in India with extensive experience in the roads and highways sector. It is also involved in other business segments within the infrastructure sector, including maintenance of roads, construction, airport development, and real estate.

The IRB Infrastructure Developers stocks surged by 1.26% last week, and the trading volumes increased over 2.13 times compared to the average traded quantity of the last five weeks. Additionally, the delivery volumes spiked by 1.69 times when compared to the average delivery volumes of the past five weeks. Today the shares of Vodafone idea trading around Rs 66 per share representing a decline of 2.88% compared to Friday’s closing level also taking good support from the previous support levels.

NMDC Steel

National Mineral Development Corporation (NMDC), a Navratna Public Sector Enterprise under the Ministry of Steel, Government of India, is the single largest producer of iron ore in India. It owns and operates iron ore mines in Chhattisgarh and Karnataka and has its registered office in Hyderabad, Telangana.

During the last week, the NMDC Steel share price declined by 1.95% last week, and the trading volumes increased over 2.18 times compared to the average traded quantity of the last five weeks. Additionally, the delivery volumes spiked by 1.58 times when compared to the average delivery volumes of the past five weeks. Today the shares of Vodafone idea trading around Rs 61.85 per share representing a decline of 3.05% compared to Friday’s closing level also taking good support from the previous support levels.

Stock List

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.