Optiemus Infracom Hits Upper Circuit Limit Amid Increased Investor Participation
Optiemus Infracom Ltd has garnered attention by reaching its upper circuit limit, with significant trading activity resulting in a turnover of approximately Rs 19.48 crore. The stock has shown resilience, outperforming its sector and indicating increased investor participation, particularly with a notable rise in delivery volume.
Optiemus Infracom Ltd, a small-cap player in the trading industry, has made headlines today by hitting its upper circuit limit. The stock reached an impressive intraday high of Rs 445.45, reflecting a notable change of Rs 20.55 or 5.0% from its previous close. With a last traded price of Rs 431.6, the stock has shown resilience, outperforming its sector by 0.69%.Today's trading activity saw a total volume of approximately 4.62 lakh shares, resulting in a turnover of around Rs 19.48 crore. The stock has been on a positive trajectory, gaining 6.63% over the last two days. Notably, the delivery volume on March 27 surged by 61.75% compared to the five-day average, indicating rising investor participation.
In terms of moving averages, Optiemus Infracom's performance is higher than the 20-day moving average but lower than the 5-day, 50-day, 100-day, and 200-day averages. Overall, the stock's performance today highlights its strong market position and active trading environment, reflecting a positive sentiment among investors.
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