Fidel Softech Ltd Sees Surge in Trading Activity and Investor Participation

May 02 2025 10:00 AM IST
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Fidel Softech Ltd, a microcap IT software firm, reached its upper circuit limit today, with significant trading activity and a notable increase in stock price. The company outperformed sector averages and saw a substantial rise in delivery volume, indicating heightened investor interest and participation in the market.
Fidel Softech Ltd, a microcap player in the IT software industry, has made headlines today by hitting its upper circuit limit. The stock reached a high price of 140.5, reflecting a notable change of 6.65, which translates to a percentage increase of 4.97. This performance significantly outpaced the sector's average return of 0.89% and the Sensex's return of 0.86% for the day.

The trading activity was robust, with a total traded volume of 0.1 lakh shares and a turnover of approximately 0.14045 crore. The stock's price band was noted at 5%, indicating a strong upward movement within the trading session. Additionally, Fidel Softech's performance today was characterized by a delivery volume of 30,000 shares, which has surged by 525% compared to the five-day average delivery volume, suggesting rising investor participation.

In terms of moving averages, the stock is currently performing higher than its 5-day, 20-day, and 200-day moving averages, although it remains below the 50-day and 100-day averages. Overall, Fidel Softech Ltd's performance today highlights a significant upward trend, marking a noteworthy day for the company in the market.
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