Ginni Filaments Stock Hits Upper Circuit Limit with Intraday High of Rs 46.06
Ginni Filaments Ltd, a microcap in the Garments & Apparels sector, experienced significant trading activity today, reaching its upper circuit limit. The stock showed strong performance with increased trading volume and delivery participation, indicating a positive shift in market sentiment after previous declines.
Ginni Filaments Ltd, a microcap player in the Garments & Apparels industry, has shown significant activity today, hitting its upper circuit limit with an impressive intraday high of Rs 46.06, reflecting a 4.99% increase. The stock's last traded price (LTP) stands at Rs 45.00, marking an absolute change of 1.13 and a percentage change of 2.58. Today's trading session saw a total volume of approximately 1.24 lakh shares, resulting in a turnover of Rs 0.56 crore. Notably, Ginni Filaments has outperformed its sector by 6.59%, indicating a positive shift in market sentiment after two consecutive days of decline. The stock's performance is also supported by its position above the 5-day, 20-day, 100-day, and 200-day moving averages, although it remains below the 50-day moving average.
The stock's liquidity appears robust, with a delivery volume increase of 53.89% compared to the 5-day average, suggesting rising investor participation. Overall, Ginni Filaments Ltd has demonstrated a strong performance today, reflecting a notable recovery in its trading activity.
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