Kingfa Science & Technology Stock Hits Upper Circuit with Intraday High of Rs 4,679.4
Kingfa Science & Technology (India) Ltd experienced significant trading activity, reaching its upper circuit limit and an intraday high of Rs 4,679.4. The stock has shown a notable upward trend over the past three days, outperforming its sector, while maintaining strong performance indicators across various moving averages.
Kingfa Science & Technology (India) Ltd, a small-cap player in the Plastic Products - Industrial sector, has shown remarkable activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 4,679.4, reflecting a 5% increase from its previous close. This surge is part of a broader trend, as the stock has gained 6.47% over the past three days, outperforming its sector by 3.77%.Today's trading saw a total volume of approximately 0.30065 lakh shares, resulting in a turnover of Rs 13.58 crore. The stock's last traded price stands at Rs 4,679.4, which is just 3.67% shy of its 52-week high of Rs 4,851. Kingfa Science is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance trend.
Despite a slight decline in delivery volume, the stock remains liquid enough for trading, with a delivery volume of 171 shares on October 9, down 5.21% from the 5-day average. Overall, Kingfa Science & Technology's performance today underscores its robust market position within the industry.
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