Indowind Energy Stock Hits Upper Circuit Limit with Intraday High of Rs 17.85
Indowind Energy Ltd experienced significant trading activity, reaching its upper circuit limit with an intraday high of Rs 17.85. The stock showed high volatility and robust market movement, with a total traded volume of approximately 13.02 lakh shares. Its performance indicates increased investor participation and a notable rebound.
Indowind Energy Ltd, a microcap player in the power industry, has shown significant activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 17.85, marking a notable increase of 19.96% from its previous levels. This surge comes after a trend reversal, as the stock gained after two consecutive days of decline.The last traded price (LTP) stands at Rs 16.5, reflecting a change of Rs 1.62, or 10.89%. The stock has demonstrated high volatility today, with an intraday volatility of 7.21%. It traded within a wide range of Rs 3.13, indicating robust market movement. Total traded volume reached approximately 13.02 lakh shares, contributing to a turnover of Rs 2.17 crore.
In terms of performance, Indowind Energy has outperformed its sector by 11.47%, while the broader market, represented by the Sensex, recorded a 1D return of 0.87%. The stock's delivery volume has also seen a rise, with a delivery volume of 78.15k on November 11, up by 1.48% against the five-day average.
Overall, Indowind Energy's performance today highlights a strong rebound and increased investor participation, reflecting a dynamic trading environment.
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