Indef Manufacturing Stock Shows Volatility Amid Strong Trading Activity and Resilience

Jul 07 2025 10:00 AM IST
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Indef Manufacturing Ltd's stock reached an intraday high of Rs 580.25, hitting the upper circuit limit, despite a last traded price of Rs 547.00. The trading session saw a volume of approximately 6.77 lakh shares and a turnover of Rs 38.42 crore, indicating notable market activity.
Indef Manufacturing Ltd, a small-cap player in the industrial manufacturing sector, has made headlines today as its stock hit the upper circuit limit, reaching an intraday high of Rs 580.25. Despite a last traded price of Rs 547.00, the stock experienced a notable change of -5.65, reflecting a percentage change of -1.02. The price band for the day was set at 5%, indicating a significant trading range.

Throughout the trading session, Indef Manufacturing saw a total traded volume of approximately 6.77 lakh shares, resulting in a turnover of Rs 38.42 crore. The stock touched an intraday low of Rs 533.00, showcasing the volatility within the trading day.

In terms of performance metrics, the stock has been underperforming its sector by -1.53% and has faced consecutive declines over the past two days, with a cumulative drop of -1.9%. However, it remains above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a relatively strong position in the market.

Overall, Indef Manufacturing's performance today reflects a mix of volatility and resilience, with the stock's ability to hit its upper circuit limit highlighting its trading dynamics.
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