Narmada Agrobase Ltd Stock Hits Upper Circuit Limit at Intraday High of Rs 23.2
Narmada Agrobase Ltd, a microcap in the FMCG sector, reached its upper circuit limit today, with an intraday high of Rs 23.2. The stock's trading session saw a total volume of approximately 0.14336 lakh shares, indicating ongoing market interest despite a decline in delivery volume.
Narmada Agrobase Ltd, a microcap player in the FMCG sector, has shown significant activity today, hitting its upper circuit limit with an intraday high of Rs 23.2, reflecting a notable increase of 4.98%. The stock's last traded price stands at Rs 22.75, marking a change of 0.65, or a 2.94% increase. Throughout the trading session, Narmada Agrobase experienced a low of Rs 21.55, with a total traded volume of approximately 0.14336 lakh shares, resulting in a turnover of Rs 0.0324 crore. The stock has outperformed its sector by 0.87% and has been on a positive trajectory, gaining 3.42% over the last two days.
Despite a decline in delivery volume by 35.58% compared to the five-day average, the stock remains liquid enough for trading activities. It is currently positioned above its 5-day, 100-day, and 200-day moving averages, although it is below the 20-day and 50-day moving averages.
Overall, Narmada Agrobase Ltd's performance today highlights its resilience in the market, with a strong intraday high and positive returns, reflecting ongoing interest in the stock.
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