Niraj Ispat Industries Hits Upper Circuit Limit, Signaling Strong Market Position

Jul 07 2025 10:00 AM IST
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Niraj Ispat Industries Ltd has gained attention by reaching its upper circuit limit, achieving a new all-time high. The stock's trading volume was approximately 0.01013 lakh shares, with a notable turnover. Despite a drop in delivery volume, the company demonstrates a strong market position within its sector.
Niraj Ispat Industries Ltd, a microcap player in the diversified industry, has made headlines today by hitting its upper circuit limit. The stock reached a high price of Rs 528.5, reflecting a notable change of Rs 25.15, or a 5% increase. This performance is particularly impressive as it outperformed its sector by 4.94%, while the broader market indices, including the Sensex, experienced slight declines.

The stock's trading activity today saw a total traded volume of approximately 0.01013 lakh shares, resulting in a turnover of Rs 0.0535 crore. Notably, Niraj Ispat Industries is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in its price performance.

Despite a significant drop in delivery volume, which fell by 100% compared to the 5-day average, the stock remains liquid enough for trading activities. The company has also reached a new 52-week and all-time high of Rs 554.9 today, marking a significant milestone in its market journey. Overall, Niraj Ispat Industries Ltd's performance today underscores its robust market position within the diversified sector.
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