Oil Country Tubular Ltd Stock Hits Upper Circuit Limit at Rs 78.27 High
Oil Country Tubular Ltd experienced significant trading activity today, reaching its upper circuit limit with an intraday high of Rs 78.27. The stock has gained for three consecutive days, outperforming its sector while the broader market saw a slight decline. Trading volume was notable despite a decrease in delivery volume.
Oil Country Tubular Ltd, operating within the oil industry, has shown significant activity today as it hit its upper circuit limit. The stock reached an intraday high of Rs 78.27, reflecting a notable increase of 4.99% from its opening price. The last traded price (LTP) was Rs 77.66, marking an absolute change of 3.11 and a percentage change of 4.17.In terms of trading volume, approximately 0.16138 lakh shares were exchanged, resulting in a turnover of Rs 0.1257 crore. The stock has been on a positive trajectory, gaining for three consecutive days and achieving a total return of 13.72% during this period. It has outperformed its sector by 2.44% today, while the broader market, represented by the Sensex, experienced a slight decline of 0.19%.
Despite a decrease in delivery volume, which fell by 38.33% against the five-day average, the stock remains liquid enough for trading activities. Overall, Oil Country Tubular Ltd's performance today underscores its strong market position within the microcap segment of the oil industry.
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