E2E Networks Ltd Stock Hits Upper Circuit Limit with Intraday High of 3,379.5
E2E Networks Ltd, a small-cap IT Hardware company, reached its upper circuit limit today, with significant trading activity and a total volume of 1.2323 lakh shares. The stock is performing well above its moving averages, indicating positive market interest despite a decline in delivery volume.
E2E Networks Ltd, a small-cap player in the IT Hardware sector, has shown remarkable activity today, hitting its upper circuit limit with a high price of 3,379.5. The stock experienced a notable change of 101.4, reflecting a percentage increase of 3.15%. The last traded price stood at 3,320.0, indicating strong market interest.Throughout the trading session, E2E Networks recorded a total traded volume of 1.2323 lakh shares, resulting in a turnover of approximately Rs 40.83 crore. The stock's performance today aligns with sector trends, as it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, showcasing a positive momentum.
Despite a decline in delivery volume, which fell by 16.99% compared to the 5-day average, the liquidity remains adequate for trades of Rs 0.89 crore, based on 2% of the 5-day average traded value.
In summary, E2E Networks has demonstrated strong performance today, marked by its upper circuit limit achievement and overall positive trading metrics, reflecting its current standing in the market.
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