Godfrey Phillips India Ltd. Achieves Upper Circuit Limit Amid Strong Market Performance
Godfrey Phillips India Ltd. has experienced significant trading activity, reaching its upper circuit limit with an intraday high of Rs 5708.25. The stock has gained 11.64% over three days and shows strong performance across various moving averages, reflecting its solid market position and liquidity.
Godfrey Phillips India Ltd., a prominent player in the Cigarettes/Tobacco industry, has shown remarkable performance today, hitting its upper circuit limit. The stock reached an intraday high of Rs 5708.25, reflecting a 5% increase from its previous trading session. This surge is part of a broader trend, as the stock has gained 11.64% over the past three days, outperforming its sector by 4.65%.The last traded price (LTP) stands at Rs 5704.25, with a notable change of Rs 267.8, representing a 4.93% increase. The stock's price band is set at 5%, indicating strong upward momentum. Throughout the trading session, Godfrey Phillips India recorded a total traded volume of approximately 1.1 lakh shares, resulting in a turnover of Rs 61.91 crore.
Additionally, the stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, highlighting its robust market position. With a market capitalization of Rs 29,679.17 crore, Godfrey Phillips continues to demonstrate liquidity, making it a viable option for traders. Overall, the stock's performance today underscores its strong position in the market.
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