Jet Freight Logistics Sees Surge in Trading Activity Amid Increased Investor Participation
Jet Freight Logistics Ltd experienced significant trading activity today, with its stock reaching the upper circuit limit. The company outperformed its sector and saw a notable increase in investor participation, as delivery volume surged compared to recent averages, indicating heightened interest in the logistics firm.
Jet Freight Logistics Ltd, a microcap player in the logistics industry, has shown significant activity today as its stock hit the upper circuit limit. The stock reached a high price of 12.64, reflecting a change of 0.54, which translates to a 4.49% increase. The last traded price was noted at 12.58, with a price band of 5%. Throughout the trading session, Jet Freight's stock demonstrated robust performance, outperforming its sector by 3.63%. The total traded volume was approximately 0.22698 lakh, with a turnover of 0.0283725 crore. The stock's performance today is particularly noteworthy given that it is currently trading lower than its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages.
Additionally, there has been a notable rise in investor participation, with delivery volume increasing by 163.56% compared to the 5-day average. Overall, Jet Freight Logistics Ltd's performance today highlights its active trading status within the logistics sector, marking a positive day for the company.
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