Wednesday, 17 May 2023

Shares below Rs 100: Only buyers were seen in these stocks on May 17

On Wednesday, at 03:00 pm, indices were trading lower with the BSE Sensex Index down 0.69 per cent at 61,502.65 and the NSE Nifty-50 Index down 0.67 per cent at 18,164.10. About 1,485 shares have advanced, 1,952 declined and 141 are unchanged on BSE.   

Auro Laboratories Limited is into the manufacturing of active pharmaceutical ingredients (APIs), specializing in diabetes therapy. The shares of the company zoomed 20 per cent upper circuit to Rs 81.37 per share just after the announcement of results. The share of the company saw a spurt in volume by more than 17 times on BSE. 

Labelkraft Technologies Limited is engaged in the business of providing barcode code solutions. The company's shares saw heavy buying and hit a 20 per cent upper circuit to Rs 69.60 per share. The shares of the company also hit a new 52-week high of Rs 69.60 per share. 

Retina Paints Limited is engaged in manufacturing decorative paints like distempers, wall care products, primers, emulsions, etc. The shares of the company saw heavy buying and locked in a 20 per cent upper circuit and a 52-week high of Rs 43.74 with a spurt in volume by more than 5 times on BSE. 

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