IVP Ltd Sees Surge in Trading Activity Amid Strong Market Momentum in Chemicals Sector
IVP Ltd, a microcap in the chemicals sector, saw significant trading activity, reaching its upper circuit limit and an intraday high of Rs 200.26. The stock has gained 26.32% over three days, outperforming its sector, while trading above key moving averages despite a decline in delivery volume.
IVP Ltd, a microcap company in the chemicals industry, has experienced significant trading activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 200.26, reflecting a robust increase of 20% from the previous close. This surge is part of a broader trend, as IVP has gained 26.32% over the last three days, outperforming its sector by 19.2%.The stock traded within a wide range of Rs 32.76 today, with a total traded volume of approximately 1.02618 lakh shares, resulting in a turnover of Rs 1.9659 crore. Notably, IVP is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum.
Despite a decline in delivery volume, which fell by 48.51% compared to the 5-day average, the stock remains liquid enough for trading activities. Overall, IVP Ltd's performance today highlights its strong market position and positive momentum within the chemicals sector.
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