Blue Coast Hotels Ltd Achieves Upper Circuit Limit Amid Broader Market Decline

Jun 03 2025 10:00 AM IST
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Blue Coast Hotels Ltd, a microcap in the Hotels & Resorts sector, saw its stock hit the upper circuit limit, closing at Rs 26.69. The stock outperformed its sector and the broader market, demonstrating resilience with trading above key moving averages despite a drop in delivery volume.
Blue Coast Hotels Ltd, a microcap player in the Hotels & Resorts industry, has made headlines today as its stock reached the upper circuit limit, closing at a high price of Rs 26.69. This marks a notable increase of Rs 1.27, translating to a 5.0% change for the day. The stock's performance has outpaced its sector, which saw a decline of 0.35%, and the broader market, with the Sensex down by 0.26%.

Throughout the trading session, Blue Coast Hotels exhibited a low price of Rs 25.42, with a total traded volume of approximately 0.02024 lakh shares and a turnover of Rs 0.005375744 crore. The stock has shown resilience, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

Despite a decrease in delivery volume, which fell by 58.49% compared to the 5-day average, the stock remains liquid enough for trading activities. Overall, Blue Coast Hotels Ltd's performance today reflects a significant upward movement, reinforcing its position in the market.
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