Karma Energy Stock Surges Amid High Volatility and Strong Market Activity

May 16 2025 01:00 PM IST
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Karma Energy Ltd's stock surged today, hitting the upper circuit limit with significant intraday volatility. The trading session saw a wide price range and high volume, indicating robust market activity. The company has shown consistent performance, outperforming its sector and trading above key moving averages.
Karma Energy Ltd, a microcap player in the power industry, has made headlines today as its stock hit the upper circuit limit, reaching an intraday high of Rs 69.38, reflecting a significant increase of 19.99%. The stock experienced a notable change of Rs 9.38, translating to a percentage change of 16.22%.

Throughout the trading session, Karma Energy demonstrated high volatility, with an intraday volatility of 6.33%. The stock traded within a wide range of Rs 12.38, indicating robust market activity. Total traded volume reached approximately 1.01 million shares, contributing to a turnover of Rs 0.67 crore.

Karma Energy has outperformed its sector by 16.86% today and has shown consistent performance over the past five days, with a cumulative return of 36.59%. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.

In summary, Karma Energy's performance today highlights its active market presence and positive momentum, reflecting a strong position within the power sector.
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