Eurotex Industries Sees Significant Stock Surge Amidst Broader Textile Sector Recovery

Apr 11 2025 12:00 PM IST
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Eurotex Industries and Exports Ltd experienced a significant stock performance today, reaching its upper circuit limit after three days of decline. The stock's trading volume was approximately 0.03996 lakh shares, and it outperformed its sector. Despite a drop in delivery volume, liquidity remains sufficient for trading.
Eurotex Industries and Exports Ltd, a microcap player in the textile industry, has made headlines today by hitting its upper circuit limit. The stock reached a high price of Rs 13.64, reflecting a notable change of Rs 1.21, or 9.76%, from its previous close. This performance marks a significant turnaround for Eurotex, which had experienced three consecutive days of decline prior to today’s trading session.

The stock's total traded volume stood at approximately 0.03996 lakh shares, contributing to a turnover of Rs 0.00541458 crore. Notably, Eurotex outperformed its sector, which saw a 3.4% gain, by a margin of 6.34%. The stock is currently trading above its 20-day, 50-day, and 100-day moving averages, although it remains below its 5-day and 200-day moving averages.

Despite a decline in delivery volume, which fell by 66.44% against the 5-day average, Eurotex's liquidity remains adequate for trading. Overall, the stock's performance today underscores a positive shift in momentum within the context of the broader textile sector.
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