Indef Manufacturing Ltd Stock Hits Upper Circuit Limit at Intraday High of Rs 383.25

Indef Manufacturing Ltd, a microcap player in the Industrial Manufacturing sector, has shown significant activity today as its stock hit the upper circuit limit. The stock reached an intraday high of Rs 383.25, reflecting a 5% increase from its previous trading session. This surge contributed to a notable absolute change of Rs 17.0, translating to a percentage change of 4.66%.
The stock's last traded price (LTP) stands at Rs 382.0, with a low of Rs 366.25 during the day. Total traded volume reached approximately 0.12073 lakh shares, resulting in a turnover of Rs 0.45497 crore. Indef Manufacturing has outperformed its sector by 4.93% today, marking its second consecutive day of gains, with a total return of 7.29% over this period.

In terms of moving averages, the stock is currently above the 5-day, 20-day, 100-day, and 200-day averages, although it remains below the 50-day average. Despite a decline in delivery volume by 14.92% compared to the 5-day average, the stock maintains sufficient liquidity for trading activities.

Overall, Indef Manufacturing's performance today highlights its strong market position and resilience within the industrial manufacturing landscape.