Garware Hi Tech Films Ltd Shows Strong Market Resilience Amid Positive Trading Activity

May 13 2025 10:00 AM IST
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Garware Hi Tech Films Ltd experienced significant trading activity, hitting the upper circuit limit with a notable stock increase. The company outperformed its sector and has shown consistent gains over the past week. Despite a decline in delivery volume, the stock remains liquid, indicating strong market sentiment.
Garware Hi Tech Films Ltd, a mid-cap player in the packaging industry, has shown remarkable activity today as its stock hit the upper circuit limit. The stock closed at Rs 3,359.4, reflecting a notable increase of Rs 159.9 or 5.0%. During the trading session, it reached an intraday high of Rs 3,440.9, marking a 2.43% rise from the previous close.

The stock's performance today outpaced its sector by 1.55%, continuing a positive trend with gains over the last five days, accumulating a total return of 16.21%. The total traded volume stood at approximately 0.53134 lakh shares, resulting in a turnover of Rs 17.74 crore.

In terms of moving averages, Garware Hi Tech Films is currently above its 5-day and 20-day averages, although it remains below the 50-day, 100-day, and 200-day averages. Despite a slight decline in delivery volume, the stock maintains sufficient liquidity for trading activities.

Overall, Garware Hi Tech Films Ltd's performance today highlights its strong market position and resilience within the packaging sector, reflecting a positive sentiment among market participants.
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