Akshar Spintex Stock Hits Upper Circuit Limit with High Price of Rs 0.57
Akshar Spintex Ltd, a microcap in the Garments & Apparels sector, reached its upper circuit limit today with significant trading activity. The stock saw increased investor participation, with delivery volume rising notably. Despite trading below moving averages, the company demonstrated resilience and heightened interest in its market position.
Akshar Spintex Ltd, a microcap company in the Garments & Apparels industry, has shown significant activity today, hitting its upper circuit limit with a high price of Rs 0.57. The stock experienced a change of Rs 0.01, reflecting a percentage increase of 1.82%. The last traded price was Rs 0.56, with a low price recorded at Rs 0.55 during the trading session.The total traded volume reached approximately 1.69 lakh shares, contributing to a turnover of Rs 0.0093 crore. Notably, Akshar Spintex outperformed its sector by 1.44%, while the broader market, represented by the Sensex, saw a slight decline of 0.12%.
Despite trading below its moving averages across various time frames, the stock has witnessed a notable increase in investor participation, with delivery volume rising by 92.34% compared to the five-day average. This uptick in activity indicates a growing interest in the stock, which remains liquid enough for trading purposes.
In summary, Akshar Spintex Ltd's performance today highlights its resilience in the market, marked by a strong intraday high and increased trading volume, reflecting a positive trend in its current market position.
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