G M Breweries Stock Hits Upper Circuit Limit with Intraday High of Rs 1,303.80

G M Breweries Ltd, a small-cap player in the beverages industry, has made headlines today by hitting its upper circuit limit. The stock reached an impressive intraday high of Rs 1,303.80, reflecting a notable increase of 3.68% during the trading session. This surge comes as the stock has demonstrated consistent performance, gaining 12.19% over the last three days.
The last traded price (LTP) was Rs 1,217.85, with a significant change of Rs 80.05, translating to a 7.04% increase. The stock's price band was set at 10%, indicating robust trading activity. Throughout the day, G M Breweries recorded a total traded volume of approximately 32.96 lakh shares, resulting in a turnover of Rs 394.90 crore.

In terms of performance metrics, G M Breweries has outperformed its sector by 2.34%, while the broader market, represented by the Sensex, saw a decline of 0.52%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Overall, G M Breweries Ltd's performance today highlights its resilience and positive momentum in the market.