Morarjee Textiles Stock Hits Upper Circuit Limit with Intraday High of Rs 9.31

Oct 24 2025 10:00 AM IST
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Morarjee Textiles Ltd, a microcap in the Garments & Apparels sector, reached its upper circuit limit today, hitting an intraday high of Rs 9.31. The stock showed strong trading activity despite a significant drop in delivery volume, indicating a positive trend in its performance metrics.
Morarjee Textiles Ltd, a microcap player in the Garments & Apparels industry, has made headlines today by hitting its upper circuit limit. The stock reached an intraday high of Rs 9.31, reflecting a notable increase of 4.96% from its previous close. This performance is particularly impressive as it outperformed its sector by 5.08%, showcasing its strong market position.

The stock opened the day with a gap up, starting at Rs 9.31, and maintained this price throughout the trading session. With a total traded volume of 0.00579 lakh shares and a turnover of approximately Rs 0.000535 crore, Morarjee Textiles demonstrated solid trading activity.

Despite a significant drop in delivery volume, which fell by 93.3% against the five-day average, the stock remains above its moving averages across various time frames, indicating a positive trend in its performance metrics.

Overall, Morarjee Textiles Ltd's achievement of hitting the upper circuit limit today underscores its current strength in the market, reflecting a robust performance amidst fluctuating trading conditions.
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