A B M International Ltd Stock Hits Upper Circuit Limit at High Price of 48.77
A B M International Ltd, a microcap in the consumer products sector, reached its upper circuit limit today, outperforming its sector while the broader market declined. The stock exhibited notable trading activity, with a significant turnover and price fluctuations, reflecting its strong market position amid current trends.
A B M International Ltd, a microcap player in the diversified consumer products industry, has made headlines today by hitting its upper circuit limit. The stock reached a high price of 48.77, reflecting a notable change of 2.32, which translates to a percentage increase of 4.99. This performance stands out as it outperformed its sector by 5.44%, while the broader market, represented by the Sensex, saw a decline of 0.35%.The stock's trading activity today included a total traded volume of 0.00111 lakh shares, resulting in a turnover of approximately 0.000539682 crore. The price band for the day was set at 5%, with the stock fluctuating between a low of 48.0 and the high of 48.77.
In terms of moving averages, A B M International's current price is higher than the 50-day moving average but lower than the 5-day, 20-day, 100-day, and 200-day averages. The liquidity of the stock is deemed sufficient for trading, based on 2% of the 5-day average traded value.
Overall, A B M International Ltd's performance today highlights its strong market position within its sector, showcasing resilience amid broader market trends.
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