Essen Speciality Films Experiences Surge in Trading Activity Amid Market Fluctuations
Essen Speciality Films Ltd, a microcap in the Plastic Products sector, saw its stock hit the upper circuit limit today, reaching a high of 432.7. The stock experienced notable fluctuations, with increased delivery volume and significant trading activity, indicating heightened investor interest despite underperforming its sector.
Essen Speciality Films Ltd, a microcap player in the Plastic Products industry, has captured attention today as its stock hit the upper circuit limit, reaching a high price of 432.7. Despite a last traded price of 399.1, the stock experienced a notable change of -13.0, reflecting a percentage change of -3.15. The price band for the day was set at 5%, indicating a significant trading range.Intraday, the stock fluctuated between a low of 399.1 and the aforementioned high, with a total traded volume of 1.674 lakh shares and a turnover of approximately Rs 7.04 crore. The performance today showed that Essen Speciality Films underperformed its sector by -0.25%, while the stock's delivery volume surged by 101.07% compared to the 5-day average, suggesting rising investor participation.
In terms of moving averages, the stock is currently higher than its 200-day moving average but lower than its 5-day, 20-day, 50-day, and 100-day averages. Overall, the stock's performance today reflects a dynamic trading environment, with significant activity noted in its trading metrics.
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