Narmada Agrobase Ltd Stock Hits Upper Circuit Limit at Rs 23.85, Up 4.97%
Narmada Agrobase Ltd, a microcap in the FMCG sector, reached its upper circuit limit today, reflecting strong trading activity. The stock has gained for three consecutive days, outperforming its sector and showing significant investor interest, with delivery volume surging notably compared to recent averages.
Narmada Agrobase Ltd, a microcap player in the FMCG sector, has shown remarkable activity today, hitting its upper circuit limit with a high price of 23.85. The stock experienced a notable change of 1.13, reflecting a percentage increase of 4.97. This performance stands out as it has outperformed its sector by 5.96%, while the broader market indices, including the Sensex, reported declines.The trading session saw a total volume of 0.5513 lakh shares, resulting in a turnover of approximately 0.1298 crore. The stock has been on a positive trajectory, gaining for three consecutive days and accumulating a total return of 8.85% during this period. Narmada Agrobase is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend.
Additionally, investor participation has surged, with delivery volume on November 17 reaching 12.93k, marking a significant increase of 297.69% compared to the 5-day average. Overall, Narmada Agrobase Ltd's performance today highlights its robust market position and positive momentum within the FMCG industry.
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