Nitco Ltd Sees Surge in Trading Activity Amid Strong Market Performance

Nitco Ltd, a microcap player in the Ceramics, Marble, Granite, and Sanitaryware industry, has experienced significant trading activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 115.38, reflecting a 5% increase from its previous close. This marks a notable performance, as Nitco has outperformed its sector by 3.86% and has recorded a consecutive gain over the last four days, accumulating a total return of 11.4% during this period.
The stock's last traded price (LTP) stands at Rs 114.98, with a change of Rs 5.09, representing a percentage change of 4.63%. The trading volume today was substantial, with over 2.07 lakh shares exchanged, resulting in a turnover of approximately Rs 2.33 crore. The stock's price band is set at 5%, with a low of Rs 106.61 observed during the trading session.

Despite a slight decline in delivery volume, Nitco's liquidity remains adequate for trading activities. Overall, the stock's performance today highlights its strong market position within its industry, reflecting positive momentum in its recent trading history.