GACM Technologies Ltd Stock Hits Upper Circuit Limit at Rs 0.67, Up 4.69%

GACM Technologies Ltd, a microcap player in the Non-Banking Financial Company (NBFC) sector, has made headlines today by hitting its upper circuit limit. The stock reached a high price of Rs 0.67, reflecting a notable change of Rs 0.03, or 4.69%, from the previous trading session. This performance is particularly impressive as it outperformed its sector, which saw a decline of 2.28%.
Today's trading activity was robust, with a total traded volume of approximately 44.56 lakh shares and a turnover of Rs 0.29 crore. The stock has shown consecutive gains over the last two days, accumulating a total return of 9.84% during this period. Additionally, the delivery volume on November 10 reached 82.87 lakh shares, marking a significant increase of 51.58% compared to the five-day average.

In terms of moving averages, GACM Technologies is currently above its 5-day and 20-day moving averages, although it remains below the 50-day, 100-day, and 200-day averages. Overall, the stock's performance today highlights its resilience in a challenging market environment, as indicated by the broader sector's downturn.