Karma Energy Stock Surges Amid Increased Investor Participation and Market Resilience

Jul 16 2025 10:00 AM IST
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Karma Energy Ltd's stock reached an intraday high of Rs 71.55, marking a notable rebound after four days of decline. The trading volume increased significantly, with a turnover of approximately Rs 0.00717 crore. The stock is currently above its longer-term moving averages, indicating heightened investor interest.
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 71.55, reflecting a notable increase of 4.99%. The stock's last traded price was Rs 69.25, marking a change of Rs 1.1 or 1.61% for the day. This performance comes after a trend reversal, as the stock gained following four consecutive days of decline.

In terms of trading activity, Karma Energy recorded a total traded volume of 0.01022 lakh shares, with a turnover of approximately Rs 0.00717 crore. The stock has shown resilience, outperforming its sector by 1.62% today, while the broader Sensex experienced a slight decline of 0.16%.

Karma Energy's price movements indicate that it is currently trading above its 50-day, 100-day, and 200-day moving averages, although it remains below its 5-day and 20-day averages. Notably, the stock's delivery volume has surged by 236.58% compared to its 5-day average, suggesting increased investor participation. Overall, Karma Energy's performance today highlights a significant rebound in its trading activity and market position.
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