Indef Manufacturing Stock Surges, Indicating Strong Recovery in Industrial Sector
Indef Manufacturing Ltd's stock surged today, closing at an intraday high, marking a notable recovery after recent declines. The trading volume reached approximately 3.98 lakh shares, with a turnover of around Rs 10.99 crore. The stock is nearing its 52-week high, indicating strong investor interest.
Indef Manufacturing Ltd, a microcap player in the industrial manufacturing sector, has made headlines today as its stock hit the upper circuit limit, closing at an intraday high of Rs 286.47. This marks a significant change of Rs 47.74, reflecting a robust 20% increase in value. The stock's performance today has notably outperformed its sector by 19.19%, indicating a strong rebound after three consecutive days of decline.Trading within a wide range of Rs 44.69, Indef Manufacturing recorded a total traded volume of approximately 3.98 lakh shares, resulting in a turnover of around Rs 10.99 crore. The stock is currently just 3% away from its 52-week high of Rs 295.05, showcasing its upward momentum.
Additionally, Indef Manufacturing is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend in its performance metrics. Despite a noted decline in delivery volume, the stock remains liquid enough for trading activities.
Overall, Indef Manufacturing's performance today highlights a significant recovery and strong market activity, reflecting positive investor sentiment in the industrial manufacturing space.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
