Nitco Ltd Experiences Surge in Trading Activity Amid Sector Trends

Apr 22 2025 10:00 AM IST
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Nitco Ltd, a microcap in the Ceramics and Sanitaryware sector, saw its stock reach the upper circuit limit today, with notable trading activity of approximately 2.29 lakh shares and a turnover of around Rs 2.73 crore. Investor participation increased significantly, indicating heightened interest in the stock.
Nitco Ltd, a microcap player in the Ceramics, Marble, Granite, and Sanitaryware industry, has made headlines today as its stock hit the upper circuit limit, reaching a high price of 121.77. The stock experienced a change of 2.07, translating to a percentage increase of 1.78. The last traded price was recorded at 118.05, with a notable intraday low of 116.55.

In terms of trading activity, Nitco saw a total traded volume of approximately 2.29 lakh shares, resulting in a turnover of around Rs 2.73 crore. The stock's performance today aligns with sector trends, although it has shown a slight decline after two consecutive days of gains. Notably, the stock's moving averages are higher than the 5-day, 20-day, 50-day, and 200-day averages, while remaining below the 100-day average.

Investor participation appears to be on the rise, with delivery volume increasing by 89.48% compared to the 5-day average. Overall, Nitco Ltd's performance today reflects a significant upward movement, underscoring its active trading status in the market.
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