Liberty Shoes Ltd Experiences Significant Stock Surge Amid Robust Trading Activity
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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