Orbit Exports Ltd Stock Hits Upper Circuit Limit with Intraday High of Rs 227.8

Orbit Exports Ltd, a microcap player in the Garments & Apparels industry, has shown remarkable activity today, hitting its upper circuit limit with a high price of Rs 227.8. The stock experienced a significant change of Rs 37.96, reflecting a 20% increase from the previous trading session. This performance is noteworthy as it outperformed its sector by 16.41%.
Throughout the day, Orbit Exports traded within a wide range, with a low price of Rs 192.0, and a total traded volume of approximately 2.71 lakh shares, resulting in a turnover of around Rs 6.05 crore. The stock has demonstrated consistent upward momentum, gaining for four consecutive days and accumulating a total return of 25.75% over this period. Additionally, it has recorded weekly gains for the last eight weeks, generating returns of 19.98%.

Orbit Exports is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance trend. The rising investor participation is evident, with a notable increase in delivery volume. Overall, Orbit Exports Ltd's performance today highlights its robust market position and positive momentum in the garments sector.