Electrotherm (India) Ltd Achieves Upper Circuit Limit Amid Strong Market Momentum

Jul 18 2025 10:00 AM IST
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Electrotherm (India) Ltd, a small-cap company in the Iron & Steel Products sector, reached its upper circuit limit today, achieving an intraday high of Rs 1174.7. The stock has shown strong performance, with consecutive gains over the past two days and trading above key moving averages, indicating positive momentum.
Electrotherm (India) Ltd, a small-cap player in the Iron & Steel Products industry, has made headlines today by hitting its upper circuit limit. The stock reached an intraday high of Rs 1174.7, reflecting a notable increase of 5.0% or Rs 55.9 from its previous close. This performance is particularly impressive as it outperformed its sector by 4.85% and has shown a consecutive gain over the last two days, accumulating a total return of 10.24% during this period.

The stock opened with a gap up of 5% today, maintaining its trading price at Rs 1174.7 throughout the session. With a total traded volume of 0.0464 lakh shares and a turnover of Rs 0.545 crore, the liquidity remains adequate for trading activities. Additionally, Electrotherm (India) is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

In summary, Electrotherm (India) Ltd's performance today highlights its robust market position and positive momentum within the sector, showcasing a solid trading day without any signs of negative price movement.
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