AXISCADES Technologies Stock Hits Upper Circuit Limit with Intraday High of Rs 1483.4

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 1483.4, reflecting a notable increase of 5.0% from its previous close. This performance outpaced the sector, which recorded a 1D return of -0.57%, and the broader market, with the Sensex down by 0.12%.
The stock opened with a gap up at Rs 1483.4 and maintained this price throughout the trading session, indicating strong buying interest. Total traded volume stood at approximately 0.11815 lakh shares, resulting in a turnover of Rs 1.75 crore. Despite a decrease in delivery volume by 27.51% compared to the five-day average, the stock remains liquid enough for trades of Rs 0.26 crore, based on 2% of the five-day average traded value.

In terms of moving averages, AXISCADES Technologies is performing above its 5-day, 100-day, and 200-day averages, although it is below its 20-day and 50-day averages. Overall, the stock's performance today highlights its resilience and strong market position within its sector.