Manaksia Steels Ltd Achieves Upper Circuit Limit Amid Increased Investor Participation

Manaksia Steels Ltd, a player in the Ferrous Metals industry, has shown remarkable activity today as its stock hit the upper circuit limit. The stock reached an intraday high of Rs 64.09, reflecting a 5% increase from the previous close. This performance is notable as it outperformed its sector by 4.49%, highlighting its strong market position. The stock's last traded price (LTP) stands at Rs 64.09, with a change of Rs 3.05. The price band for the day was set at 5%, indicating a robust trading range. The stock recorded a low of Rs 61.39, with a total traded volume of approximately 0.49589 lakh shares and a turnover of Rs 0.31389837 crore. Manaksia Steels is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend in its performance metrics. Additionally, the delivery volume has seen a significant rise, increasing by 22.02% against the 5-day average, indicating heightened investor participation. In summary, Manaksia Steels Ltd has demonstrated strong performance today, marked by its upper circuit limit achievement and solid trading metrics, reflecting a favorable position in the market.