Stocks Under Rs 85: 2 Stocks From Gas, Finance Sectors Hit 20% Upper Circuit

Small cap stock operating in the sector of gas & petroleum, Gujarat Natural Resources Ltd witnessed upper circuit when its shares gained 20.00% in Friday, September 22. Last trading price of Gujarat Natural Resources is Rs 16.98 apiece on BSE. Shares of PNB Gilts also hit 20% upper circuit. Last trading of PNB Gilts Ltd is Rs 81.55 per share. Check details below:

1. Gujarat Natural Resources Stock Outlook & Return: Last trading price of Gujarat Natural Resources share is Rs 16.98 per share. Its 52-week high price is Rs 24.50 per share and 52-week low price is Rs 11.86 per share, respectively. The small cap gas company has a market capitalisation of Rs 136.27 crore. Gujarat Natural Resources shares offered return of 23% in last 1-month, gained 30% in last 6-months, fell 25% in last 1-year, and offered return of 54% in last 2-years. In last 3-years, Gujarat Natural Resources stock jumped 65%.The 32nd Annual General Meeting (AGM) of the Company was held on Friday, 15th September.

Gujarat Natural Resources Financials: The company for the quarter ended June 30, 2023 announced its consolidated total income at 6.20 crore, up 51.09% from preceding quarter total income of Rs 4.10 crore. Its recent quarter net profit after tax has been declared at Rs 1.20 crore.

2. PNB Gilts: Last trading price of PNB Gilts share is Rs 81.55 per share on BSE with intraday gain of 20.00%. Its 52-week high price is Rs 81.55 per share and 52-week low price is Rs 55.25 per share, respectively. The company has a market capitalisation of Rs 1467.98 crore. PNB Gilts shares gained 26% YTD, soared 30% in last 1-year, and offered 99% return in last 3-years.

PNB Gilts Financials: The company for the quarter ended June 30, 2023 announced its standalone total income at Rs 442.98 crore, up 42.71% as against last quarter total income of Rs 310.40 crore. It announced its net profit after tax at Rs 57.87 crore in latest quarter.

Disclaimer

The stocks just highlight the rally and are not recommendation to buy, sell or hold. We have not done fundamental or technical analysis and have no opinion on the stocks mentioned. Neither, the author nor Greynium Information Technologies should be held liable for any losses. Please consult a professional advisor.