NGL Fine Chem Ltd Achieves Upper Circuit Limit, Signaling Strong Market Momentum

May 19 2025 11:00 AM IST
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NGL Fine Chem Ltd, a microcap in the Pharmaceuticals & Biotechnology sector, reached its upper circuit limit today, achieving an intraday high of Rs 1313.6. The stock has shown consistent gains over the past four days, outperforming its sector and maintaining strong trading activity despite a slight decline in delivery volume.
NGL Fine Chem Ltd, a microcap player in the Pharmaceuticals & Biotechnology sector, has shown remarkable activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 1313.6, reflecting a significant change of Rs 62.5, or 5.0%, from its previous close. This performance is noteworthy as it outperformed its sector by 3.44%, contributing to a consecutive gain over the last four days, during which it has risen 19.18%.

The stock's trading volume today was approximately 0.02095 lakh shares, resulting in a turnover of Rs 0.2723 crore. The price band for the day was set at 5%, with the stock trading between a low of Rs 1251.1 and the high of Rs 1313.6.

In terms of moving averages, NGL Fine Chem's current price is above the 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day averages. Despite a slight decline in delivery volume, the stock maintains sufficient liquidity for trading activities.

Overall, NGL Fine Chem Ltd's performance today highlights its strong market position and positive momentum within the sector.
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