Mangalam Organics Ltd Sees Surge in Trading Activity and Investor Participation

May 14 2025 10:00 AM IST
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Mangalam Organics Ltd, a microcap in the chemicals sector, has seen significant trading activity, reaching its upper circuit limit. The stock has gained notably over the past three days and is trading above key moving averages, indicating strong upward momentum and increased investor participation.
Mangalam Organics Ltd, a microcap player in the chemicals industry, has experienced significant trading activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 495.65, reflecting a robust increase of 10% from the previous close. This surge marks a notable performance, as the stock has gained 31.07% over the past three days, outperforming its sector by 9.18%.

Today, Mangalam Organics opened with a gain of 2.73%, and the total traded volume reached approximately 0.18 million shares, resulting in a turnover of Rs 0.88 crore. The stock's performance is further underscored by its trading above key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a strong upward trend.

Additionally, the delivery volume has seen a remarkable increase of 236.12% compared to the 5-day average, suggesting heightened investor participation. Overall, Mangalam Organics Ltd's performance today reflects a strong market position and positive momentum within the chemicals sector.
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