Garware Hi Tech Films Achieves Eighth Day of Gains Amid Strong Market Activity

May 16 2025 10:00 AM IST
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Garware Hi Tech Films Ltd has achieved significant market attention by reaching its upper circuit limit, marking eight consecutive days of gains and a notable rise over this period. The stock demonstrated strong trading activity and is currently outperforming its sector, highlighting its robust position in the packaging industry.
Garware Hi Tech Films Ltd, a prominent player in the packaging industry, has made headlines today by hitting its upper circuit limit. The stock reached an impressive intraday high of Rs 4014.3, reflecting a notable increase of 5% from the previous trading session. This surge marks the eighth consecutive day of gains for the company, contributing to a remarkable 35.85% rise over this period.

Trading activity has been robust, with a total traded volume of approximately 0.07067 lakh shares and a turnover of Rs 2.84 crore. The stock opened with a gap up, maintaining its price throughout the trading session without any fluctuations. Garware Hi Tech Films is currently outperforming its sector, which has seen a gain of 2.23%, and is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

The stock's performance today underscores its strong market position within the mid-cap segment, boasting a market capitalization of Rs 9,326.18 crore. Overall, Garware Hi Tech Films Ltd continues to demonstrate solid performance metrics, reflecting its resilience in the packaging industry.
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