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Momentum Stocks Surge: Sarthak Metals, Sterling Tools, Pix Transmissions Rise Up to 16%
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Moneycontrol•01-10-2026, 10:55
Momentum Stocks Surge: Sarthak Metals, Sterling Tools, Pix Transmissions Rise Up to 16%
- •Sarthak Metals, Sterling Tools, and Pix Transmissions saw significant gains on October 1, driven by technical breakouts and strong buying interest.
- •Sarthak Metals surged 16.36% to ’74.18, trading above its key short- to medium-term moving averages, indicating strong upward momentum.
- •Sterling Tools shares rose 5.28% to ’231.98, while Pix Transmissions advanced 5.22% to ’1,858.30, both showing positive trends.
- •Conversely, SKP Bearing, Ircon International, and JK Cement experienced declines, trading below their key moving averages.
- •Several stocks, including Escorts Kubota and PB Fintech, hit new 52-week lows, while Sarthak Metals and Augmont Enterprises were locked in upper circuits.
Key Questions Answered
On October 1, Sarthak Metals, Sterling Tools, and Pix Transmissions gained up to 16% driven by technical breakouts, strong price action, and sustained buying interest.
SKP Bearing, Ircon International, and JK Cement witnessed downward pressure and declined, trading below their key short- to medium-term moving averages.
Notable names that hit new 52-week lows include Escorts Kubota, PB Fintech, Gujarat Energy, Bharti Hexacom, M&M, Maruti Suzuki, JK Lakshmi Cement, Bikaji Foods, SJVN, TVS Holdings, DCM Shriram, Godawari Power, ABLBL, Jio Financial, Motherson SWI, India Cements, HUL, Ambuja Cements, P&G Hygiene, and Aditya Birla Fashion.
