Astron Paper & Board Mill Ltd Experiences Surge in Investor Activity and Performance
Astron Paper & Board Mill Ltd has experienced notable trading activity, reaching its upper circuit limit with a significant increase in stock price. The company outperformed its sector and the broader market, showing heightened investor interest and a substantial rise in delivery volume. Its market capitalization stands at Rs 74.00 crore.
Astron Paper & Board Mill Ltd, operating in the Paper, Forest & Jute Products industry, has shown significant activity today as it hit its upper circuit limit. The stock reached a high price of 16.54, marking a notable change of 0.78, which translates to a 4.95% increase. The stock's performance today outpaced its sector, which recorded a mere 0.13% return, and the broader Sensex, which saw a 0.31% return.With a total traded volume of approximately 0.09903 lakh shares and a turnover of 0.0161 crore, Astron Paper has demonstrated rising investor participation, with delivery volume increasing by 76.48% compared to the five-day average. The stock has been on a positive trajectory, gaining for the last two days and accumulating a total return of 10.19% during this period.
In terms of moving averages, the stock is currently above its 5-day and 100-day averages, although it remains below the 20-day, 50-day, and 200-day averages. With a market capitalization of Rs 74.00 crore, Astron Paper & Board Mill Ltd continues to exhibit strong performance metrics in a competitive market. Overall, the stock's activity today reflects a robust performance within its sector.
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