AXISCADES Technologies Stock Hits Upper Circuit with Intraday High of Rs 1706.2
AXISCADES Technologies Ltd, a small-cap company in the Computers - Software & Consulting sector, reached its upper circuit limit today, hitting an intraday high of Rs 1706.2. The stock showed strong market interest, trading above key moving averages and nearing its 52-week high, 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 1706.2, reflecting a significant change of Rs 81.2, or 5.0%, from its previous close. This performance is notable as it outperformed its sector by 5.1%, indicating strong market interest.The stock's trading volume today was approximately 0.97 lakh shares, contributing to a turnover of Rs 16.01 crore. AXISCADES Technologies is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend in its price performance. Additionally, the stock is just 4.28% away from its 52-week high of Rs 1779.2, further highlighting its upward momentum.
Despite a decline in delivery volume, which fell by 24.64% against the 5-day average, the stock remains liquid enough for trades of Rs 0.57 crore based on 2% of the 5-day average traded value. Overall, AXISCADES Technologies has demonstrated a strong performance today, continuing its upward trajectory with a 1D return of 5.00%.
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