Jindal Photo Ltd Stock Hits Upper Circuit Limit with Intraday High of Rs 1386.7
Jindal Photo Ltd, a microcap in the FMCG sector, reached an intraday high, significantly outperforming its sector. The stock has gained momentum, with a notable increase over the past five days and a surge in delivery volume, reflecting heightened investor interest and solid market performance.
Jindal Photo Ltd, a microcap player in the FMCG sector, has made headlines today by hitting its upper circuit limit with a remarkable intraday high of Rs 1386.7, reflecting a significant change of Rs 231.1 or 20%. The stock's performance has notably outpaced its sector, which recorded a modest decline of 0.14% on the same day. Trading within a wide range of Rs 214.6, Jindal Photo has shown strong momentum, gaining 26.01% over the past five days. The total traded volume today reached approximately 0.70341 lakh shares, contributing to a turnover of Rs 9.44 crore. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend.
Additionally, the delivery volume has surged by 184.43% compared to the 5-day average, suggesting increased investor participation. With a market capitalization of Rs 1,422.52 crore, Jindal Photo continues to demonstrate solid performance metrics, reinforcing its position in the market. Overall, the stock's activity today highlights its strong performance and investor interest in the company.
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