Essen Speciality Films Ltd Stock Hits Upper Circuit Limit at Rs. 250.15

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 Rs 250.15, reflecting a notable change of Rs 5.15 or 2.16% from its last traded price of Rs 243.40. This performance is particularly impressive as it outperformed its sector by 5.07%.
Throughout the trading session, the stock experienced a low of Rs 228.00, which was also noted as a new 52-week low earlier in the day. The total traded volume stood at approximately 2.04 lakh shares, contributing to a turnover of around Rs 4.95 crore. Despite this positive movement, it is important to note that Essen Speciality Films is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

Investor participation appears to be declining, with delivery volume dropping by 7.96% compared to the 5-day average. Nevertheless, the stock remains liquid enough for trades of Rs 0.16 crore based on 2% of the 5-day average traded value. Overall, Essen Speciality Films Ltd's performance today highlights significant activity in the market, reflecting a dynamic trading environment.