InfoBeans Technologies Achieves New High Amid Surge in Investor Interest and Trading Volume
InfoBeans Technologies Ltd reached an intraday high of Rs 639.75, marking a new 52-week high and hitting the upper circuit limit. The stock saw significant trading activity, with a volume of 2.0026 lakh shares and a turnover of Rs 12.33 crore, reflecting strong investor interest.
InfoBeans Technologies Ltd, a microcap player in the Computers - Software & Consulting industry, has made headlines today as its stock hit the upper circuit limit, reaching an intraday high of Rs 639.75. This marks a significant achievement for the company, as it also set a new 52-week high. The stock experienced a notable change of Rs 58.15, reflecting a 10% increase in value.Trading activity was robust, with a total traded volume of 2.0026 lakh shares and a turnover of Rs 12.33 crore. The stock has shown strong performance over the past two days, gaining 17.15% during this period and outperforming its sector by 10.05%. The price band for the day was set at 10%, indicating a wide trading range of Rs 64.7, with the stock consistently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.
Investor participation has also risen, with delivery volume increasing by 62.11% compared to the 5-day average. Overall, InfoBeans Technologies Ltd's performance today underscores its strong market position and investor interest, as it continues to demonstrate upward momentum.
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