Jet Freight Logistics Experiences Surge in Trading Volume and Investor Interest

Apr 30 2025 10:00 AM IST
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Jet Freight Logistics Ltd has gained attention after reaching its upper circuit limit, with significant trading activity and a notable increase in share volume. The stock has shown strong momentum, outperforming its sector and demonstrating robust investor interest, while remaining above several key moving averages.
Jet Freight Logistics Ltd, a microcap player in the logistics industry, has made headlines today by hitting its upper circuit limit. The stock reached a high price of 14.77, reflecting a notable increase of 1.2, or 8.94%, from its previous close. The last traded price stood at 14.63, with the stock demonstrating strong momentum over the past two days, accumulating a total return of 20.97% during this period.

Today's trading activity saw a total volume of 5.2779 lakh shares, resulting in a turnover of approximately 0.778 crore. The stock's performance has outpaced its sector by 10.26%, indicating robust investor interest. Additionally, the delivery volume surged to 1.32 lakh shares, marking a significant increase of 286.25% compared to the five-day average.

In terms of moving averages, Jet Freight Logistics is currently positioned above the 5-day, 20-day, 50-day, and 100-day averages, although it remains below the 200-day average. Overall, the stock's performance today reflects a strong upward trend, underscoring its current market position within the logistics sector.
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