Binani Industries Hits Upper Circuit Limit Amidst Declining Investor Participation
Binani Industries Ltd, a microcap in the cement sector, reached its upper circuit limit today, with significant trading activity. The stock's performance reflects a steady trend in the sector, although investor participation has declined. The company's market capitalization is Rs 48.00 crore, indicating its position in the industry.
Binani Industries Ltd, a microcap player in the cement industry, has captured attention today by hitting its upper circuit limit. The stock reached a high price of 14.87, reflecting a notable increase of 0.7, or 4.94%, from its previous close. The trading session saw a total volume of approximately 0.31948 lakh shares, contributing to a turnover of around Rs 0.0465 crore.The stock's performance today aligns with sector trends, as it has been gaining steadily, marking a 0% return over the last day. While Binani Industries is currently trading above its 50-day and 100-day moving averages, it remains below its 5-day, 20-day, and 200-day moving averages. Notably, investor participation has seen a decline, with delivery volume dropping by 4.1% compared to the 5-day average.
Overall, Binani Industries Ltd's performance today highlights its resilience in the market, with the stock's upper circuit limit indicating strong trading activity. The company's market capitalization stands at Rs 48.00 crore, positioning it within the microcap segment of the cement industry.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
