Centrum Capital Ltd Sees Surge in Trading Activity and Investor Participation
Centrum Capital Ltd, a small-cap NBFC, reached its upper circuit limit today, with significant trading activity and a notable increase in investor participation. The stock has shown consistent performance, outperforming its sector and trading above key moving averages, indicating a strong upward trend in the market.
Centrum Capital Ltd, a small-cap player in the Non-Banking Financial Company (NBFC) sector, has shown remarkable activity today, hitting its upper circuit limit with a high price of 37.27. The stock experienced a change of 0.6, translating to a percentage increase of 1.69%. The last traded price was noted at 36.1, with a price band set at 5%.Today's trading saw a total volume of 2.8431 lakh shares, resulting in a turnover of approximately Rs 1.05 crore. Centrum Capital has outperformed its sector by 3.55% and has demonstrated consistent performance, gaining for the last two days with a cumulative return of 9.41% during this period.
The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 194.73% compared to the 5-day average.
Overall, Centrum Capital Ltd's performance today reflects a positive trajectory within the market, underscoring its position in the NBFC sector.
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