Ester Industries Stock Surges Amid Strong Trading Activity and Market Resilience
Ester Industries Ltd, a small-cap packaging company, saw its stock reach an intraday high of Rs 144.84, reflecting strong market activity with a traded volume of approximately 16.68 lakh shares. Despite a decline in delivery volume, the stock demonstrated notable volatility and resilience within its sector.
Ester Industries Ltd, a small-cap player in the packaging industry, has made headlines today as its stock hit the upper circuit limit, reaching an impressive intraday high of Rs 144.84. This marks a significant increase of Rs 19.09, translating to a 15.82% change in price. The stock has shown strong performance, outperforming its sector by 13.65% and achieving a notable 14.65% return for the day.Trading activity has been robust, with a total traded volume of approximately 16.68 lakh shares and a turnover of Rs 22.81 crore. The stock has exhibited high volatility, with an intraday volatility of 5.85%. It has traded within a wide range of Rs 24.15, indicating active market participation.
Despite a decline in delivery volume, which fell by 33.14% compared to the five-day average, the stock remains liquid enough for trades of Rs 0.05 crore based on 2% of the five-day average traded value. Ester Industries continues to show resilience in the market, with its performance metrics reflecting a strong position within the packaging sector. Overall, the stock's activity today highlights its dynamic presence in the market.
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