Infomedia Press Ltd Stock Hits Upper Circuit Limit with Intraday High of Rs 7.35
Infomedia Press Ltd experienced significant trading activity today, reaching its upper circuit limit. The stock has gained over the past two days, outperforming its sector. Increased investor participation was noted, with a rise in delivery volume. Overall, the company's performance indicates strong market momentum and engagement.
Infomedia Press Ltd, operating in the miscellaneous industry, has shown significant activity today as it hit its upper circuit limit. The stock reached a high price of Rs 7.35, reflecting a notable increase of Rs 0.34 or 4.86% from its last traded price of Rs 7.34. The price band for the day was set at 5%, indicating a robust performance within the trading session.The stock has been on an upward trajectory, gaining for the last two consecutive days and achieving a total return of 10.04% during this period. Infomedia Press has outperformed its sector by 4.72%, showcasing its strong market position. The total traded volume today was approximately 0.01033 lakh shares, with a turnover of Rs 0.00075409 crore.
In terms of moving averages, the stock is currently above the 5-day, 50-day, 100-day, and 200-day averages, although it remains below the 20-day moving average. Additionally, there has been a rise in investor participation, with delivery volume increasing by 48.54% compared to the 5-day average.
Overall, Infomedia Press Ltd's performance today highlights its positive momentum in the market, reflecting strong trading activity and investor engagement.
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