Madhucon Projects Ltd Stock Hits Upper Circuit Limit at Rs 7.62, Up 4.96%

Madhucon Projects Ltd, a microcap player in the construction industry, has shown significant activity today, hitting its upper circuit limit with a high price of Rs 7.62. The stock experienced a positive change of Rs 0.36, translating to a 4.96% increase. This performance is noteworthy as it outperformed its sector by 5.05%, indicating a strong position relative to industry peers. The stock traded within a price band of 5%, with an intraday low of Rs 7.20. Total traded volume reached approximately 0.81894 lakh shares, contributing to a turnover of Rs 0.06183 crore. Notably, Madhucon Projects is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reflecting a robust upward trend. Investor participation has also seen a rise, with delivery volume increasing by 22.56% compared to the 5-day average. This liquidity suggests that the stock is accessible for trading, maintaining a healthy market presence. Overall, Madhucon Projects Ltd's performance today highlights its strong market position and positive momentum in the construction sector.