Hi-Tech Gears Ltd Achieves Upper Circuit Limit Amid Decreased Investor Participation
Hi-Tech Gears Ltd, a company in the Auto Components & Equipments sector, reached its upper circuit limit today, with a notable trading session characterized by a high price of 768.45. Despite a decrease in investor participation, the stock remains liquid and has shown strong performance metrics, outperforming its sector.
The Hi-Tech Gears Ltd, a player in the Auto Components & Equipments industry, has shown significant activity today, hitting its upper circuit limit with a high price of 768.45. The stock experienced a notable change of 36.1, reflecting a percentage increase of 4.93. The last traded price stood at 768.0, indicating strong market performance.Throughout the trading session, the stock recorded a low of 745.0, with a total traded volume of approximately 0.02046 lakh shares and a turnover of around Rs 0.1555 crore. The performance today has outperformed the sector, which saw a slight decline of 0.09%. Additionally, The Hi-Tech Gears is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a robust upward trend.
However, it is worth noting that investor participation has decreased, with delivery volume dropping by 90.2% compared to the 5-day average. Despite this, the stock remains liquid enough for trades of Rs 0.01 crore, reflecting its accessibility in the market. Overall, The Hi-Tech Gears Ltd has demonstrated strong performance metrics today, marking a significant moment in its trading activity.
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