Garware Hi Tech Films Hits Upper Circuit, Reflects Strong Market Position and Investor Interest
Garware Hi Tech Films Ltd, a mid-cap company in the Plastic Products - Industrial sector, reached its upper circuit limit today, reflecting strong investor interest. The stock has gained significantly over the past four days and is trading above key moving averages, indicating a robust market position.
Garware Hi Tech Films Ltd, a mid-cap player in the Plastic Products - Industrial sector, has shown remarkable performance today, hitting its upper circuit limit. The stock reached an intraday high of Rs 4730.2, reflecting a 5% increase from its previous trading session. This surge is part of a broader trend, as the stock has gained 10.99% over the last four days, outperforming its sector by 1.7%.Today, Garware Hi Tech Films opened with a notable gain of 3.99% and recorded a total traded volume of approximately 0.58933 lakh shares, resulting in a turnover of Rs 27.67 crore. The stock's last traded price (LTP) stands at Rs 4669.0, with a change of Rs 164.0, equating to a percentage change of 3.64%.
Additionally, 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. The packaging sector also experienced a positive day, gaining 2.32%. Overall, Garware Hi Tech Films' performance today underscores its robust market position and investor interest.
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