Garware Hi Tech Films Ltd Sees Surge Amid Strong Packaging Sector Performance

May 12 2025 03:00 PM IST
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Garware Hi Tech Films Ltd has seen notable trading activity, reaching its upper circuit limit with a significant intraday high. The stock has gained 13.69% over four days, reflecting strong market interest. The packaging sector also performed well, outperforming the broader market indices.
Garware Hi Tech Films Ltd, a prominent player in the packaging industry, has experienced significant trading activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 3359.4, reflecting a 5% increase from the previous close. This surge comes as the stock has been on a positive trajectory, gaining 13.69% over the last four days.

Today's trading saw a total volume of approximately 0.52118 lakh shares, resulting in a turnover of Rs 17.39 crore. The stock opened with a notable gain of 4.95%, indicating strong market interest. Despite the positive performance, the stock's moving averages show it is currently above the 5-day and 20-day averages but below the 50-day, 100-day, and 200-day averages.

In the broader market context, the packaging sector has also shown resilience, with a 1D return of 4.72%, outperforming the Sensex, which recorded a 1D return of 3.62%. Overall, Garware Hi Tech Films Ltd's performance today underscores its robust position within the mid-cap segment of the market.
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