Essen Speciality Films Ltd Shows Resilience Amidst Market Volatility and Increased Trading Activity
Essen Speciality Films Ltd, a microcap in the consumer products sector, reached its upper circuit limit today, with significant trading activity. The stock outperformed its sector and saw a notable increase in delivery volume, indicating strong market interest despite trading below key moving averages.
Essen Speciality Films Ltd, a microcap player in the diversified consumer products sector, has shown significant activity today, hitting its upper circuit limit with a high price of 350.1. The stock experienced a notable change of 16.65, reflecting a percentage increase of 4.99. The trading session saw a total traded volume of 0.2232 lakh shares, resulting in a turnover of approximately Rs 0.764 crore.Despite trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, Essen Speciality Films has outperformed its sector by 1.9% today. The stock's delivery volume also saw a substantial rise, with 68.76 thousand shares delivered on September 3, marking an increase of 89.86% compared to the 5-day average delivery volume.
The stock's liquidity remains adequate, with trading activity based on 2% of the 5-day average traded value, allowing for a trade size of Rs 0.06 crore. Overall, Essen Speciality Films Ltd's performance today highlights its resilience in the market, with a solid intraday return of 4.05%.
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