Gujarat Lease Financing Ltd Hits Upper Circuit Limit Amid Market Volatility

Gujarat Lease Financing Ltd, a microcap player in the Non-Banking Financial Company (NBFC) sector, has shown significant activity today as it hit its upper circuit limit. The stock reached an intraday high of Rs 4.75, reflecting a gain of 4.86% from its opening price. Despite a last traded price of Rs 4.42, the stock's performance today indicates a notable upward movement, particularly as it opened with a gap up.
The total traded volume for the day was approximately 0.005 lakh shares, resulting in a turnover of Rs 0.0002265 crore. The stock's price band is set at 5%, and it experienced a low of Rs 4.42 during the trading session. While the stock has underperformed its sector by 1.66%, it remains above its 5-day moving average, although it is lower than the 20-day, 50-day, 100-day, and 200-day moving averages.

Overall, Gujarat Lease Financing Ltd's performance today highlights its volatility and potential for movement within the market, as evidenced by its upper circuit limit achievement.