Liberty Shoes Ltd Experiences Significant Stock Surge Amid Robust Trading Activity

May 05 2025 01:00 PM IST
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Liberty Shoes Ltd's stock reached an intraday high of Rs 462.3, hitting the upper circuit limit. The trading volume was approximately 3.88 lakh shares, with a turnover of Rs 17.23 crore. The stock outperformed its sector and demonstrated significant volatility, indicating a strong upward trend in market performance.
Liberty Shoes Ltd, a microcap player in the consumer durables sector, has made headlines today as its stock hit the upper circuit limit, reaching an impressive intraday high of Rs 462.3. This marks a significant change of Rs 41.1, translating to a 10.67% increase from the previous trading session. The stock has shown strong performance, outperforming its sector by 9.28% and achieving a notable 10.82% gain over the last two days.

Trading activity was robust, with a total volume of approximately 3.88 lakh shares exchanged, resulting in a turnover of Rs 17.23 crore. The stock exhibited a wide trading range of Rs 83.75, indicating substantial volatility throughout the day. Despite a decline in delivery volume, which fell by 31.36% compared to the five-day average, the liquidity remains adequate for trading.

In terms of moving averages, Liberty Shoes' stock is currently above the 5-day, 20-day, 50-day, and 100-day averages, although it remains below the 200-day average. Overall, Liberty Shoes Ltd's performance today reflects a strong upward trend, showcasing its resilience in the market.
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