Jet Freight Logistics Hits Upper Circuit Limit, Signaling Strong Market Momentum
Throughout the trading session, Jet Freight demonstrated robust activity with a total traded volume of approximately 1.58 lakh shares, resulting in a turnover of around Rs 0.25 crore. The stock has shown consistent gains over the past three days, accumulating a total return of 11.48% during this period. Additionally, Jet Freight is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its performance metrics.
Despite a decline in delivery volume, which fell by 65.98% against the 5-day average, the stock remains liquid enough for trading, with a market capitalization of Rs 75.27 crore. Overall, Jet Freight Logistics Ltd's performance today reflects a strong upward momentum in the market.
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