Nitco Ltd Hits Upper Circuit Limit Amid Strong Trading Activity and Investor Interest
Nitco Ltd, a small-cap company in the Ceramics, Marble, Granite, and Sanitaryware sector, reached its upper circuit limit today, with significant trading volume of 3.85544 lakh shares and a turnover of approximately Rs 5.14 crore. The stock has gained for four consecutive days, reflecting strong market engagement.
Nitco Ltd, a small-cap player in the Ceramics, Marble, Granite, and Sanitaryware industry, has shown remarkable activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 135.58, reflecting a notable increase of 4.99% during the trading session. With a last traded price of Rs 135.0, the stock experienced a change of Rs 5.87, translating to a percentage change of 4.55%.The trading volume for Nitco today was substantial, with a total of 3.85544 lakh shares exchanged, resulting in a turnover of approximately Rs 5.14 crore. The stock has been on a positive trajectory, gaining for four consecutive days and achieving a cumulative return of 13.58% over this period. Notably, Nitco has outperformed its sector by 1.29% today.
In terms of moving averages, Nitco is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a strong upward trend. Additionally, the stock's liquidity remains robust, with delivery volume significantly higher than the average. Overall, Nitco Ltd's performance today underscores its strong market position and investor engagement.
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