Cyber Media (India) Ltd Experiences Surge Amid Increased Investor Participation and Market Resilience
Cyber Media (India) Ltd experienced notable trading activity, reaching its upper circuit limit and an intraday high of Rs 20.09. The stock has shown a positive trend over the past three days, with increased investor participation and delivery volume, reflecting strong market resilience.
Cyber Media (India) Ltd, a microcap player in the Media & Entertainment sector, has shown significant activity today as it hit its upper circuit limit. The stock reached an intraday high of Rs 20.09, reflecting a notable increase of 4.96% from its previous trading session. This surge comes as the stock has been on a positive trajectory, gaining 6.97% over the last three days.Today's trading saw a total volume of approximately 0.43488 lakh shares, resulting in a turnover of Rs 0.08454 crore. The last traded price (LTP) stood at Rs 19.64, with a change of Rs 0.5, marking a percentage change of 2.61%. The stock's performance today outperformed its sector by 2.42%, indicating strong relative strength.
Despite touching a low of Rs 18.6 during the session, the overall trend remains positive, with the stock trading above its 5-day, 20-day, 50-day, and 100-day moving averages. The rising investor participation is evident, with delivery volume increasing by 39.7% compared to the 5-day average. Overall, Cyber Media (India) Ltd's performance today highlights its robust market activity and resilience in the current trading environment.
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