Avonmore Capital Hits Upper Circuit Limit Amidst Notable Trading Activity and Market Volatility

May 12 2025 10:01 AM IST
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Avonmore Capital & Management Services Ltd experienced notable trading activity today, hitting its upper circuit limit after five days of decline. The stock's trading volume was 0.7433 lakh shares, with a turnover of Rs 0.1449 crore, indicating a potential shift in market sentiment despite underperforming its sector.
Avonmore Capital & Management Services Ltd, a microcap player in the Finance/NBFC sector, has captured attention today by hitting its upper circuit limit. The stock reached a high price of Rs 20.13, reflecting a change of Rs 0.07, or 0.36%, from its last traded price of Rs 19.25. This marks a notable trend reversal, as the stock has gained after five consecutive days of decline.

Despite the positive movement today, Avonmore Capital's performance has underperformed its sector, which saw an overall gain of 3.61%. The stock's trading volume was recorded at 0.7433 lakh shares, with a turnover of Rs 0.1449 crore. The stock is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a challenging market position.

The stock's liquidity remains adequate, with a delivery volume of 2.62 thousand shares on May 9, although this represents a significant decline of 73.57% compared to the 5-day average. Overall, Avonmore Capital's performance today highlights a significant moment in its trading activity, reflecting both volatility and a potential shift in market sentiment.
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