Ginni Filaments Stock Hits Upper Circuit Limit with Intraday High of Rs 43.38

Ginni Filaments Ltd, a microcap player in the Garments & Apparels industry, has shown significant activity today as it hit its upper circuit limit. The stock reached an intraday high of Rs 43.38, reflecting a notable increase of 4.99% from the previous close. Despite opening lower with a decline of 3.07%, the stock quickly rebounded, demonstrating resilience in a volatile trading environment characterized by an intraday volatility of 5.57%.
The total traded volume for Ginni Filaments today was approximately 1.38 lakh shares, resulting in a turnover of around Rs 0.57 crore. The stock has been on a positive trajectory, gaining 5.42% over the last two days and outperforming its sector by 4.61%.

While the stock's performance has been strong, it is important to note that delivery volume has decreased significantly, falling by 77.99% compared to the five-day average. Ginni Filaments continues to trade above its 5-day and 200-day moving averages, indicating a mixed performance relative to other moving averages. Overall, the stock's activity today underscores its dynamic presence in the market.