Intense Technologies Ltd Stock Hits Upper Circuit with Intraday High of Rs 134.08
Intense Technologies Ltd saw its stock reach an intraday high, hitting the upper circuit limit amid a notable trading session. The company recorded a significant turnover and demonstrated strong performance metrics, trading above multiple moving averages, despite a decline in delivery volume compared to recent averages.
Intense Technologies Ltd, a microcap player in the Software Products industry, has made headlines today as its stock hit the upper circuit limit, reaching an intraday high of Rs 134.08. This marks a notable increase of 6.3 points, translating to a 4.93% change from the previous trading session. The stock's performance today has outperformed its sector by 5.52%, indicating a positive shift after two consecutive days of decline.Throughout the trading session, Intense Technologies recorded a total traded volume of approximately 1.15624 lakh shares, resulting in a turnover of Rs 1.527 crore. The stock's price band was set at 5%, with a low of Rs 124.5 observed during the day. Notably, Intense Technologies is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reflecting a strong upward trend.
Despite a significant drop in delivery volume, which fell by 79.47% compared to the 5-day average, the stock remains liquid enough for trades of Rs 0.61 crore based on 2% of the 5-day average traded value. Overall, Intense Technologies has demonstrated robust performance metrics today, marking a significant turnaround in its trading activity.
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