Mohit Industries Stock Hits Upper Circuit Limit with High Price of 34.73
Mohit Industries Ltd, a microcap in the Garments & Apparels sector, reached its upper circuit limit today, reflecting strong market interest. The stock recorded a total traded volume of approximately 0.10178 lakh shares and remains above key moving averages, despite a significant decline in delivery volume.
Mohit Industries Ltd, a microcap player in the Garments & Apparels sector, has shown significant activity today, hitting its upper circuit limit with a high price of 34.73. The stock experienced a positive change of 0.53, translating to a 1.6% increase in its price. The last traded price stood at 33.61, reflecting strong market interest.Throughout the trading session, Mohit Industries recorded a total traded volume of approximately 0.10178 lakh shares, resulting in a turnover of around 0.0346 crore. The stock's performance today outpaced its sector by 2.26%, indicating a robust position amidst broader market trends.
Despite a notable decline in delivery volume, which fell by 99.9% against the five-day average, the stock remains liquid enough for trading activities. It is currently positioned above its 20-day, 50-day, 100-day, and 200-day moving averages, although it is slightly below the 5-day moving average.
In summary, Mohit Industries Ltd's performance today highlights its resilience in the market, with a notable achievement of reaching its upper circuit limit, reflecting positive momentum in its trading activity.
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