Modi Rubber Ltd Experiences Surge in Trading Activity and Investor Interest
Trading volume reached approximately 0.42109 lakh shares, with a turnover of Rs 0.6279 crore. The stock opened with a gap up of 9.03%, indicating strong market interest. Over the past two days, Modi Rubber has gained 19.12%, outperforming its sector by 7.7%.
The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a robust upward trend. Additionally, delivery volume has surged by 214.66% compared to the 5-day average, indicating rising investor participation.
Overall, Modi Rubber's performance today highlights its strong market position and positive momentum within the Tyres & Rubber Products sector.
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