Garware Hi Tech Films Hits Upper Circuit, Signaling Strong Market Position in Packaging Sector

Apr 16 2025 10:00 AM IST
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Garware Hi Tech Films Ltd, a mid-cap packaging company, reached its upper circuit limit today, reflecting strong trading activity. The stock saw significant intraday movement and has outperformed its sector recently. Despite a decline in delivery volume, it remains liquid, highlighting its robust market position.
Garware Hi Tech Films Ltd, a mid-cap player in the packaging industry, has made headlines today by hitting its upper circuit limit. The stock experienced a significant change of 264.9, reflecting a 10% increase, with a last traded price of Rs 2914.7. Notably, the stock reached an intraday high of Rs 3206.1, showcasing robust performance throughout the trading session.

The total traded volume stood at approximately 0.16027 lakh shares, contributing to a turnover of Rs 4.67 crore. Garware Hi Tech Films has outperformed its sector by 2.59%, marking a strong performance trend as it has gained 27.76% over the last three days. The stock opened with a notable gap up of 10% today, indicating positive momentum.

Despite a decline in delivery volume, which fell by 81.61% against the five-day average, the stock remains liquid enough for trades of Rs 0.82 crore based on 2% of the five-day average traded value. Overall, Garware Hi Tech Films Ltd's performance today underscores its strong market position within the packaging sector.
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