AXISCADES Technologies Hits Upper Circuit Limit, Signaling Strong Market Momentum

Jun 05 2025 01:00 PM IST
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AXISCADES Technologies Ltd experienced significant trading activity today, reaching its upper circuit limit and an intraday high. The stock's performance surpassed its sector average, and it is currently trading above multiple moving averages, indicating a strong upward trend despite a decline in delivery volume.
AXISCADES Technologies Ltd, a small-cap player in the Computers - Software & Consulting industry, has shown remarkable activity today as it hit its upper circuit limit. The stock reached an intraday high of Rs 1131.0, reflecting a notable increase of 4.99% from its previous close. This performance positions AXISCADES Technologies just 1.54% away from its 52-week high of Rs 1148.4.

The trading volume for the day was approximately 0.66653 lakh shares, resulting in a turnover of Rs 7.45 crore. Notably, the stock has outperformed its sector, which recorded a 1D return of 0.92%, while AXISCADES achieved a 1D return of 4.99%. Furthermore, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

Despite a decline in delivery volume, which fell by 69.43% against the 5-day average, the stock remains liquid enough for trading activities. Overall, AXISCADES Technologies Ltd's performance today highlights its robust market position and positive momentum in the current trading session.
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