Infomedia Press Ltd Stock Hits Upper Circuit Limit at Rs 7.29, Up 4.89%
Infomedia Press Ltd's stock reached the upper circuit limit today, closing at Rs 7.29. The stock outperformed its sector and the broader market, despite a decline in investor participation. It maintained positions above several moving averages, showcasing resilience amid challenging market conditions.
Infomedia Press Ltd, operating within the Miscellaneous industry, has shown significant activity today as its stock reached the upper circuit limit. The stock's last traded price (LTP) stood at Rs 7.29, reflecting an absolute change of Rs 0.34, which translates to a percentage increase of 4.89%. The stock's performance today outpaced its sector, which recorded a modest return of 0.32%, while the broader Sensex declined by 0.26%.During the trading session, Infomedia Press recorded a high price of Rs 7.29 and a low of Rs 6.95, indicating a price band of 5%. The total traded volume reached approximately 0.10243 lakh shares, contributing to a turnover of Rs 0.0074 crore. Notably, the stock has outperformed its sector by 4.4% today.
Despite a decline in investor participation, with delivery volume dropping by 39.53% compared to the five-day average, Infomedia Press remains above its 5-day, 50-day, 100-day, and 200-day moving averages, although it is below the 20-day moving average. Overall, the stock's performance today highlights its resilience in a challenging market environment.
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