Jainam Ferro Alloys Sees Surge in Investor Activity Amid Market Decline
Jainam Ferro Alloys (I) Ltd has experienced significant trading activity, reaching its upper circuit limit with a last traded price of 294.6. The stock has shown strong investor engagement, with a notable increase in delivery volume. It has outperformed its sector while the broader market declined.
Jainam Ferro Alloys (I) Ltd, a player in the Ferrous Metals industry, has shown significant activity today, hitting its upper circuit limit with a high price of 294.6. The stock experienced a notable change of 14.0, reflecting a percentage increase of 4.99%. The last traded price stands at 294.6, with an intraday low of 267.0.The total traded volume reached 0.21 lakh shares, resulting in a turnover of approximately Rs 0.566769 crore. Jainam Ferro Alloys has outperformed its sector by 4.87% today, while the broader market, represented by the Sensex, saw a decline of 0.64%.
In terms of moving averages, the stock is currently above the 20-day, 50-day, 100-day, and 200-day moving averages, although it remains below the 5-day moving average. Notably, investor participation has surged, with delivery volume on August 21 rising by 326.83% compared to the 5-day average.
Overall, Jainam Ferro Alloys (I) Ltd has demonstrated robust performance metrics today, reflecting strong market activity and investor engagement.
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