Orbit Exports Hits Upper Circuit Limit Amidst Market Volatility and Liquidity Challenges

Mar 13 2025 03:00 PM IST
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Orbit Exports Ltd, a microcap textile company, reached its upper circuit limit today, achieving an intraday high while showing a positive performance over the last two days. Despite trading below moving averages and experiencing a decline in delivery volume, the stock maintained adequate liquidity during the session.
Orbit Exports Ltd, a microcap player in the textile industry, has shown remarkable activity today, hitting its upper circuit limit with an intraday high of Rs 157.69, reflecting a change of 7.5 points or 4.99%. The stock opened lower, down 2.12%, but quickly rebounded to outperform its sector by 5.98%.

Throughout the trading session, Orbit Exports recorded a total traded volume of approximately 0.05406 lakh shares, resulting in a turnover of Rs 0.083 crore. The stock's performance over the last two days has been positive, with a cumulative return of 5.64%.

Despite trading below its moving averages across various time frames, the stock's liquidity remains adequate for trading, with delivery volume showing a decline of 27.66% compared to the five-day average.

In summary, Orbit Exports has demonstrated strong performance today, marked by its upper circuit limit achievement and notable intraday high, while continuing to navigate the challenges of market participation and liquidity.
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