G M Breweries Stock Hits Upper Circuit Limit with Intraday High of Rs 1282.85
G M Breweries Ltd experienced significant trading activity today, reaching its upper circuit limit and showing strong performance compared to its sector. The stock's trading metrics included a high volume of shares and notable turnover, although investor participation has declined. It is currently above key moving averages, indicating a positive trend.
G M Breweries Ltd, a small-cap player in the beverages industry, has shown remarkable activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 1282.85, reflecting a 2.74% increase from the previous close. The last traded price stood at Rs 1217.85, marking an absolute change of Rs 80.05, or a 7.04% increase.The stock's performance today has outpaced its sector, with a 1D return of 1.59%, compared to the sector's 0.68% and the Sensex's 0.23%. G M Breweries has also demonstrated strong trading metrics, with a total traded volume of approximately 32.96 lakh shares and a turnover of Rs 394.90 crore.
Notably, the stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its performance. However, there has been a decline in investor participation, with delivery volume dropping by 36.48% against the 5-day average.
Overall, G M Breweries Ltd has shown robust performance today, reflecting strong market activity and positioning within the beverages sector.
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