Godavari Biorefineries Stock Hits Upper Circuit with Intraday High of Rs 289.3

Godavari Biorefineries Ltd, a small-cap player in the FMCG sector, has shown remarkable activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 289.3, reflecting a significant gain of 10% from its opening price. This surge is part of a broader trend, as the stock has been on a winning streak for the past three days, accumulating a total return of 17.78% during this period. Today's trading saw a total volume of approximately 3.7 lakh shares, resulting in a turnover of Rs 10.35 crore. The last traded price stood at Rs 272.55, with a notable change of Rs 9.55, translating to a percentage increase of 3.63%. The stock's performance today outperformed its sector by 4.02%, indicating strong market interest. Additionally, the stock's delivery volume has seen a significant rise, up by 76.99% compared to the five-day average, suggesting increased investor participation. Godavari Biorefineries continues to trade above its 5-day, 20-day, 50-day, and 200-day moving averages, although it remains below the 100-day moving average. Overall, the stock's performance today highlights its robust activity in the market.