Alps Industries Stock Hits Upper Circuit Limit with High Price of Rs 2.07
Alps Industries Ltd, a microcap in the Garments & Apparels sector, reached its upper circuit limit today, with significant trading activity and a notable increase in delivery volume. The stock has shown consistent gains over the past two days, outperforming its sector and trading above several moving averages.
Alps Industries Ltd, a microcap player in the Garments & Apparels sector, has shown significant activity today, hitting its upper circuit limit with a high price of Rs 2.07. The stock experienced a positive change of Rs 0.07, translating to a 3.54% increase in its price. The last traded price stood at Rs 2.05, with intraday fluctuations ranging between Rs 2.02 and Rs 2.07.In terms of trading volume, Alps Industries recorded a total traded volume of approximately 0.08873 lakh shares, resulting in a turnover of Rs 0.0018 crore. The stock has outperformed its sector by 4.17% today and has shown a consecutive gain over the last two days, accumulating a total return of 9.52% during this period.
Notably, the stock's delivery volume on November 12 surged by 377.87% compared to its five-day average, indicating rising investor participation. Additionally, Alps Industries' performance metrics reveal that it is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average.
Overall, Alps Industries Ltd has demonstrated robust performance today, reflecting positive momentum in the market.
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