Khaitan (India) Ltd Stock Hits Upper Circuit Limit with Intraday High of 137.45
Khaitan (India) Ltd, a microcap in the Electronics & Appliances sector, reached its upper circuit limit today, with notable trading activity. The stock outperformed its sector and is trading above key moving averages, indicating a favorable trend, despite a decline in investor participation.
Khaitan (India) Ltd, a microcap player in the Electronics & Appliances sector, has shown remarkable activity today as it hit its upper circuit limit. The stock reached a high price of 137.45, reflecting a positive change of 1.64, or 1.25% from the previous trading session. The last traded price was recorded at 132.55, with a low of 132.55 during the day.The trading volume for Khaitan (India) was approximately 0.00151 lakh shares, resulting in a turnover of around Rs 0.002054053 crore. Notably, the stock has outperformed its sector by 0.94%, indicating a strong performance relative to its peers. Additionally, Khaitan (India) is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a favorable trend in its price movement.
Despite a decline in investor participation, with delivery volume dropping by 49.78% against the 5-day average, the stock remains liquid enough for trading. Overall, Khaitan (India) Ltd's performance today highlights its resilience in the market, with significant upward momentum reflected in its trading activity.
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