AYM Syntex Ltd Shows Notable Recovery Amidst Market Volatility in Garments Sector
AYM Syntex Ltd, a small-cap company in the Garments & Apparels sector, experienced significant trading activity, reaching its upper circuit limit. The stock showed a notable recovery after a period of decline, outperforming its sector and demonstrating high volatility, despite a decrease in delivery volume.
AYM Syntex Ltd, a small-cap player in the Garments & Apparels industry, has shown significant activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 225.38, reflecting a 5% increase, and closed at Rs 223.87, marking a change of Rs 9.22 or 4.3%. The trading session saw a total volume of approximately 1.07 lakh shares, resulting in a turnover of Rs 2.30 crore. Notably, the stock has outperformed its sector by 3.61%, indicating a positive shift in market sentiment after eight consecutive days of decline.
AYM Syntex's performance metrics reveal that it is currently trading above its 5-day, 100-day, and 200-day moving averages, although it remains below its 20-day and 50-day moving averages. The stock exhibited high volatility today, with an intraday volatility of 5.22%.
Despite a decline in delivery volume, which fell by 54.84% compared to the 5-day average, the stock remains liquid enough for trading activities. Overall, AYM Syntex Ltd's performance today highlights a notable recovery in its market position within the garments sector.
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