Essen Speciality Films Ltd Stock Hits Upper Circuit Limit at High Price of 262.4
Essen Speciality Films Ltd, a microcap in the consumer products sector, reached its upper circuit limit today, showcasing strong trading activity with a volume of 3.3588 lakh shares. The stock's performance outpaced its sector, reflecting heightened investor interest and significant delivery volume compared to recent averages.
Essen Speciality Films Ltd, a microcap player in the diversified consumer products sector, has made headlines today by hitting its upper circuit limit. The stock reached a high price of 262.4, reflecting a notable change of 12.45, which translates to a percentage increase of 4.98. This performance stands out as it outperformed its sector by 5.07%, while the broader market, represented by the Sensex, recorded a modest gain of 0.27%.The stock's trading activity was robust, with a total traded volume of 3.3588 lakh shares and a turnover of approximately 8.81 crore. The intraday low was recorded at 259.95, indicating a tight price band of 5%. Additionally, investor participation has seen a significant uptick, with delivery volume on October 9 rising by 281.59% compared to the five-day average.
Despite trading lower than its moving averages across various time frames, the liquidity of Essen Speciality Films remains adequate for trades of Rs 0.23 crore, suggesting a healthy trading environment. Overall, the stock's performance today highlights its active market presence and investor engagement.
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