Anik Industries Stock Hits Upper Circuit Limit with Intraday High of Rs 69.52
Anik Industries Ltd, a microcap in the Trading & Distributors sector, reached its upper circuit limit today, with a last traded price of Rs 65.7. The stock saw a trading volume of approximately 0.55573 lakh shares and a turnover of Rs 0.372 crore, indicating notable market activity.
Anik Industries Ltd, a microcap player in the Trading & Distributors sector, has shown significant activity today as it hit its upper circuit limit with a high price of Rs 69.52. The stock's last traded price (LTP) was Rs 65.7, reflecting a change of -0.51 and a percentage change of -0.77. The price band for the day was set at 5%, indicating a robust trading range.Throughout the trading session, Anik Industries experienced a total traded volume of approximately 0.55573 lakh shares, resulting in a turnover of Rs 0.372 crore. The stock's performance today aligns closely with its sector, which saw a 1D return of -0.52, while Anik Industries recorded a modest 0.55% return.
Despite trading below its moving averages across various time frames, the stock has managed to reverse a four-day decline, suggesting a potential shift in momentum. However, investor participation has seen a decline, with delivery volume dropping significantly compared to the five-day average.
In summary, Anik Industries Ltd's performance today highlights its upper circuit achievement, reflecting a notable moment in its trading activity amidst broader market trends.
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