Madhucon Projects Ltd Stock Hits Upper Circuit Limit with Intraday High of Rs 7.89

Madhucon Projects Ltd, a microcap player in the construction industry, has shown significant activity today as its stock hit the upper circuit limit. The stock reached a high price of Rs 7.89, reflecting a change of Rs 0.02, or 0.27%, from the previous close. The last traded price (LTP) stands at Rs 7.54, with a low of Rs 7.50 during the trading session.
The stock's performance today has been characterized by a total traded volume of approximately 0.1705 lakh shares, resulting in a turnover of Rs 0.01338425 crore. Notably, the stock has outperformed its 5-day, 50-day, 100-day, and 200-day moving averages, although it remains below the 20-day moving average.

Investor participation appears to be on the rise, with a delivery volume of 25.06 thousand shares on October 14, marking an increase of 22.68% compared to the 5-day average delivery volume. Despite underperforming the sector by 0.25%, Madhucon Projects Ltd continues to demonstrate liquidity, making it accessible for trading.

In summary, Madhucon Projects Ltd's stock activity today highlights its upper circuit limit achievement, reflecting a notable performance in the construction sector.