Cyber Media Stock Hits Upper Circuit Limit at High Price of Rs 18.71
Cyber Media (India) Ltd, a microcap in the Media & Entertainment sector, reached its upper circuit limit today, reflecting strong market activity. The stock has gained for four consecutive days, accumulating a total return of 13.12%. Despite a drop in delivery volume, overall trading activity remains robust.
Cyber Media (India) Ltd, a microcap player in the Media & Entertainment sector, has shown remarkable activity today, hitting its upper circuit limit with a high price of Rs 18.71. The stock experienced a notable change of Rs 0.89, reflecting a percentage increase of 4.99%. This performance stands out as it has outperformed its sector, which recorded a mere 0.32% increase today.The stock has been on a positive trajectory, gaining for the last four consecutive days and accumulating a total return of 13.12% during this period. Cyber Media is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in its price performance.
Despite a decrease in delivery volume, which fell by 25.03% compared to the 5-day average, the total traded volume reached approximately 0.32503 lakh shares, resulting in a turnover of Rs 0.0603 crore. Overall, Cyber Media (India) Ltd's performance today reflects a robust position in the market, underscoring its recent gains and resilience in the face of fluctuating investor participation.
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