Jai Corp Ltd. Hits Upper Circuit Limit Amid Strong Trading Activity and Sector Outperformance
Jai Corp Ltd., a small-cap company in the Plastic Products - Industrial sector, reached its upper circuit limit today, with an intraday high of Rs 116.29. The stock showed strong trading activity, with a total volume of approximately 6.21 lakh shares and a turnover of around Rs 7.03 crore.
Jai Corp Ltd., a small-cap player in the Plastic Products - Industrial sector, has shown remarkable activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 116.29, reflecting a notable increase of 4.99% from its previous trading session. This performance is particularly impressive as it outperformed its sector by 2.61%.The stock's last traded price (LTP) was Rs 112.95, with a change of Rs 2.19, translating to a percentage change of 1.98%. Throughout the trading day, Jai Corp experienced a low of Rs 108. The total traded volume stood at approximately 6.21 lakh shares, resulting in a turnover of around Rs 7.03 crore.
In terms of moving averages, the stock is currently above its 5-day, 20-day, and 50-day averages, although it remains below the 100-day and 200-day averages. Despite a decline in delivery volume, which fell by 39.8% against the 5-day average, the stock maintains sufficient liquidity for trading.
Overall, Jai Corp Ltd. has demonstrated solid performance today, reflecting positive momentum in its trading activity.
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