Nahar Capital Hits Upper Circuit Limit Amid Increased Investor Participation and Strong Market Activity
Nahar Capital & Financial Services Ltd, a microcap in the NBFC sector, reached its upper circuit limit today, achieving an intraday high of Rs 376.65. The stock has shown consistent gains, with significant trading volume and increased investor participation, reflecting strong market activity and positive momentum.
Nahar Capital & Financial Services Ltd, a microcap player in the Non-Banking Financial Company (NBFC) sector, has made headlines today by hitting its upper circuit limit. The stock reached an impressive intraday high of Rs 376.65, reflecting a notable increase of 19.99% from its previous levels. This surge comes as the stock has shown consistent performance, gaining 22.52% over the last five days.Today's trading activity saw a total volume of approximately 3.55 lakh shares, resulting in a turnover of around Rs 12.93 crore. The stock's last traded price (LTP) stood at Rs 349.10, marking an absolute change of Rs 35.20, or an 11.21% increase. Nahar Capital has outperformed its sector by 13.16%, showcasing its strong market position.
The stock has demonstrated resilience, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, the stock has exhibited increased investor participation, with delivery volume rising significantly. Overall, Nahar Capital's performance today highlights its robust activity and positive momentum in the market.
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