Coffee Day Enterprises Ltd Stock Hits Upper Circuit Limit at Rs 40.93

Coffee Day Enterprises Ltd, a microcap player in the Leisure Services industry, has made headlines today as its stock hit the upper circuit limit. The stock reached an intraday high of Rs 40.93, reflecting a notable increase of 4.98% from the previous trading session. This surge comes after a period of seven consecutive days of decline, marking a significant trend reversal for the company.
The stock's last traded price (LTP) was Rs 40.30, with a change of Rs 1.31, translating to a percentage change of 3.36%. The price band for the day was set at 5%, indicating a robust trading environment. Total traded volume reached approximately 3.11 lakh shares, resulting in a turnover of Rs 1.23 crore.

In terms of performance, Coffee Day Enterprises outperformed its sector by 2.58%, with a 1D return of 3.21%, compared to the sector's return of 0.72% and the Sensex's return of 0.57%. The stock's liquidity remains favorable, with delivery volume significantly increasing by 329.31% against the five-day average. Overall, today's trading activity reflects a positive shift in Coffee Day Enterprises' market position.