Essen Speciality Films Ltd Stock Hits Upper Circuit Limit with Intraday High of 222.5

Essen Speciality Films Ltd, a microcap player in the diversified consumer products industry, has experienced significant trading activity today, hitting its upper circuit limit. The stock reached a high price of 222.5, reflecting a notable increase of 10.5 points, or 4.95%, from its previous close. The last traded price stands at 222.45, indicating strong market interest.
The stock's performance today outpaced its sector, which recorded a 1D return of -0.68%, while the broader Sensex managed a modest gain of 0.34%. Trading volume reached approximately 0.7992 lakh shares, contributing to a turnover of around Rs 1.72 crore. Despite a decrease in delivery volume by 17.41% compared to the five-day average, the stock remains liquid enough for trades of Rs 0.08 crore, based on 2% of the five-day average traded value.

Essen Speciality Films is currently positioned above its five-day moving average, although it remains below its longer-term moving averages. Overall, the stock's performance today highlights its resilience in a challenging market environment, reflecting a positive trend for investors.