Nelcast Ltd. Stock Surges Amid Trend Reversal and Market Resilience

May 22 2025 03:00 PM IST
share
Share Via
Nelcast Ltd. experienced a significant stock surge, closing at an intraday high after a trend reversal following three days of decline. The stock traded within a wide range, with notable turnover, and has outperformed its sector, indicating strong upward momentum despite a decline in investor participation.
Nelcast Ltd., a small-cap player in the Castings & Forgings industry, has made headlines today as its stock hit the upper circuit limit, closing at an intraday high of Rs 130.41, reflecting a notable increase of 9.99%. This surge comes after a trend reversal, as the stock gained after three consecutive days of decline.

The stock traded within a wide range of Rs 12.2, with a low of Rs 118.21, and a total traded volume of approximately 1.32 lakh shares, resulting in a turnover of Rs 1.67 crore. Notably, Nelcast has outperformed its sector by 9.9%, showcasing its resilience in a challenging market environment.

In terms of moving averages, Nelcast is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a strong upward momentum. However, it is worth noting that investor participation has seen a decline, with delivery volume dropping significantly compared to the previous five-day average.

Overall, Nelcast Ltd. has demonstrated robust performance today, reflecting positive market sentiment and a significant rebound in its stock activity.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Nelcast Technical Momentum Shifts Amid Mixed Market Signals
Dec 09 2025 08:08 AM IST
share
Share Via
Is Nelcast technically bullish or bearish?
Dec 02 2025 08:43 AM IST
share
Share Via
Nelcast Technical Momentum Shifts Amid Bearish Indicators
Dec 02 2025 08:05 AM IST
share
Share Via
Why is Nelcast falling/rising?
Nov 29 2025 12:35 AM IST
share
Share Via