Gujarat Apollo Industries Hits Upper Circuit Limit Amid Strong Market Activity

May 12 2025 03:00 PM IST
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Gujarat Apollo Industries Ltd, a microcap in the Capital Goods sector, experienced significant trading activity, reaching its upper circuit limit with an intraday high of Rs 358.3. The stock outperformed the sector average, showing resilience despite a decline in delivery volume compared to recent averages.
Gujarat Apollo Industries Ltd, a microcap player in the Capital Goods sector, has shown significant activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 358.3, reflecting a notable increase of 9.99% or an absolute change of Rs 32.55. This performance outpaced the sector's average gain of 4.4%, highlighting the company's strong market position.

The stock's trading volume today was approximately 0.10403 lakh shares, resulting in a turnover of Rs 0.3672 crore. The last traded price (LTP) stands at Rs 358.3, with a low of Rs 329.1 during the session. In terms of moving averages, the stock is performing above the 5-day, 50-day, 100-day, and 200-day averages, although it remains below the 20-day moving average.

Despite a decline in delivery volume, which fell by 17.12% compared to the 5-day average, Gujarat Apollo Industries has demonstrated resilience in its trading activity. Overall, the stock's performance today reflects a strong upward trend within the context of its sector, marking a noteworthy day for the company.
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