Niraj Ispat Industries Stock Hits Upper Circuit Limit at High Price of 255.16
Niraj Ispat Industries Ltd experienced notable trading activity today, reaching its upper circuit limit with a high of 255.16. The stock showcased volatility, trading between 231.97 and 255.16, with a total volume of approximately 0.05123 lakh shares. The company outperformed its sector, despite a decline in investor participation.
Niraj Ispat Industries Ltd, a microcap player in the diversified industry, has shown significant activity today as its stock hit the upper circuit limit. The stock reached a high price of 255.16, reflecting a notable increase of 17.43, or 7.51%, from its last traded price of 249.4. The price band for the day was set at 10%, indicating a robust trading session.Throughout the day, the stock traded within a range of 231.97 to 255.16, showcasing its volatility. The total traded volume was approximately 0.05123 lakh shares, with a turnover of around 0.1253 crore. Notably, Niraj Ispat Industries outperformed its sector by 8.88%, highlighting its strong performance relative to peers.
In terms of moving averages, the stock is currently above its 5-day moving average but below the 20-day, 50-day, 100-day, and 200-day averages. However, there has been a decline in investor participation, with delivery volume dropping by 17.5% compared to the 5-day average.
Overall, Niraj Ispat Industries Ltd's performance today reflects a strong upward movement, marking a significant day for the stock in the market.
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