Alps Industries Stock Hits Upper Circuit Limit with High Price of Rs 1.79
Alps Industries Ltd, a microcap in the Garments & Apparels sector, reached its upper circuit limit today, with notable trading activity. The stock fluctuated between Rs 1.71 and Rs 1.79, with a total traded volume of approximately 0.00089 lakh shares and a turnover of Rs 1.5308 crore.
Alps Industries Ltd, a microcap player in the Garments & Apparels sector, has shown significant activity today as it hit its upper circuit limit. The stock reached a high price of Rs 1.79, reflecting a change of Rs 0.08, which translates to a percentage increase of 4.68%. This performance notably outperformed the sector, which recorded a mere 0.09% increase.Throughout the trading session, the stock fluctuated between a low of Rs 1.71 and the aforementioned high, indicating a price band of 5%. The total traded volume stood at approximately 0.00089 lakh shares, with a turnover of Rs 1.5308 crore.
Despite the positive movement today, the stock has not traded on one day out of the last 20, and its delivery volume has seen a significant decline of 91.55% compared to the five-day average. Additionally, while the stock is currently above its five-day moving average, it remains below the longer-term moving averages of 20, 50, 100, and 200 days.
In summary, Alps Industries Ltd has demonstrated a strong performance today, hitting its upper circuit limit and showcasing resilience in a challenging market environment.
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