Avro India Ltd Surges, Highlighting Resilience in Plastic Products Sector
Avro India Ltd, a microcap in the plastic products sector, experienced significant trading activity today, reaching its upper circuit limit. The stock fluctuated between Rs 156.0 and Rs 171.67, with a total traded volume of approximately 0.33236 lakh shares, indicating strong market resilience and activity.
Avro India Ltd, a microcap player in the plastic products industry, has shown remarkable activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 171.67, reflecting a significant change of Rs 15.6, or 10.0%, from the previous close. This performance has allowed Avro India to outperform its sector by 9.44%, showcasing its strong market position.Throughout the trading session, the stock exhibited a wide range, fluctuating between a low of Rs 156.0 and the high of Rs 171.67. The total traded volume stood at approximately 0.33236 lakh shares, resulting in a turnover of Rs 0.556 crore. Notably, the stock has been on a positive trajectory, gaining 13.53% over the last two days.
In terms of technical indicators, Avro India’s price is currently above its 5-day, 20-day, 50-day, and 200-day moving averages, although it remains below the 100-day moving average. The stock's liquidity appears adequate for trading, with delivery volume showing a 15.21% increase compared to the 5-day average.
Overall, Avro India Ltd's performance today highlights its strong market activity and resilience within the plastic products sector.
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