Astron Paper & Board Mill Ltd Achieves Upper Circuit Limit Amid Increased Investor Activity
Astron Paper & Board Mill Ltd has experienced notable trading activity, reaching its upper circuit limit with significant volume and turnover. The stock is outperforming its sector and trading above key moving averages, indicating a strong upward trend. Investor participation has also increased, reflecting heightened interest.
Astron Paper & Board Mill Ltd, operating in the Paper, Forest & Jute Products industry, has shown significant activity today, hitting its upper circuit limit with a high price of Rs 18.42. The stock experienced a positive change of Rs 0.3, translating to a 1.71% increase. The last traded price stood at Rs 17.85, with a notable intraday low of Rs 17.43.The trading volume reached approximately 1.38 million shares, resulting in a turnover of Rs 0.25 crore. Astron Paper has outperformed its sector by 3.2%, indicating strong relative performance. Additionally, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a robust upward trend.
Investor participation has also seen a rise, with delivery volume on September 4 increasing by 110.78% compared to the 5-day average. The stock's liquidity remains favorable, accommodating trade sizes of Rs 0.01 crore based on 2% of the 5-day average traded value.
In summary, Astron Paper & Board Mill Ltd has demonstrated solid performance today, marked by its upper circuit limit achievement and strong trading metrics.
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