Hilton Metal Forging Ltd Hits Upper Circuit Limit Amid Increased Trading Activity
Hilton Metal Forging Ltd, a microcap in the Castings & Forgings sector, reached its upper circuit limit today, with an intraday high of Rs 64.33. The stock saw a total traded volume of approximately 1.26 lakh shares and has recorded consecutive gains over the past two days, outperforming its sector.
Hilton Metal Forging Ltd, a microcap player in the Castings & Forgings industry, has shown significant activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 64.33, reflecting a notable increase of 4.99% from the previous trading session. The last traded price also stands at Rs 64.33, marking a change of Rs 3.06.Throughout the day, the stock experienced a low of Rs 60.00, with a total traded volume of approximately 1.26 lakh shares, resulting in a turnover of Rs 0.79 crore. The performance today has outpaced the sector by 6.07%, and Hilton Metal Forging has recorded consecutive gains over the last two days, accumulating a total return of 5.53% during this period.
Despite a decline in delivery volume, which fell by 17.34% against the five-day average, the stock remains liquid enough for trading activities. It is currently trading above its five-day moving averages, although it is lower than the 20-day, 50-day, 100-day, and 200-day moving averages. Overall, Hilton Metal Forging Ltd's performance today highlights its strong market position within its sector.
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