Archidply Industries Sees Surge in Trading Activity Amid High Volatility
Archidply Industries Ltd, a microcap in the Wood & Wood Products sector, saw significant trading activity today, reaching its upper circuit limit. The stock experienced high volatility with notable intraday fluctuations and a total traded volume of approximately 1.03 lakh shares, reflecting its active market presence.
Archidply Industries Ltd, a microcap player in the Wood & Wood Products industry, has experienced significant trading activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 111.42, reflecting a notable increase of 12.67% or Rs 11.76 from its last traded price of Rs 104.61. This surge comes amid a wide trading range of Rs 18.52, indicating high volatility with an intraday fluctuation of 7.43%.The total traded volume for Archidply Industries today was approximately 1.03 lakh shares, resulting in a turnover of Rs 1.07 crore. The stock has outperformed its sector, which gained 2.1%, by a margin of 9.37%. Additionally, the stock's performance is currently above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average.
Despite a decline in delivery volume, which fell by 64.92% compared to the 5-day average, Archidply Industries continues to demonstrate liquidity sufficient for trading. Overall, the stock's performance today highlights its active market presence and resilience within its sector.
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