N R Agarwal Industries Stock Hits Upper Circuit with Intraday High of Rs 442.6
N R Agarwal Industries Ltd, a microcap in the Paper, Forest & Jute Products sector, reached its upper circuit limit today, showing a significant intraday high. The stock experienced robust trading activity, with high volatility and notable outperformance against its sector, indicating a strong market interest and a rebound after recent declines.
N R Agarwal Industries Ltd, a microcap player in the Paper, Forest & Jute Products industry, has made headlines today by hitting its upper circuit limit. The stock reached an impressive intraday high of Rs 442.6, marking a significant change of Rs 71.15 or 19.29% from the previous close. This surge comes after a trend reversal, as the stock gained after three consecutive days of decline.Trading activity was robust, with a total traded volume of approximately 0.637 million shares and a turnover of Rs 2.73 crore. The stock opened with a gap up of 2.75%, reflecting strong market interest. Throughout the day, it exhibited high volatility, with an intraday range of Rs 85.3, touching a low of Rs 357.3.
Notably, N R Agarwal Industries has outperformed its sector by 19.15% today, and it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. The stock's liquidity remains favorable, with a delivery volume significantly higher than its recent average. Overall, today's performance underscores a notable rebound for N R Agarwal Industries in a challenging market environment.
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