Orchid Pharma Sees Surge in Trading Activity Amid Sector Gains
Orchid Pharma Ltd has seen heightened trading activity, reaching its upper circuit limit with significant intraday gains. The stock recorded a turnover of approximately Rs 8.50 crore and demonstrated increased liquidity, reflecting active participation in the pharmaceuticals sector, which also experienced positive movement today.
Orchid Pharma Ltd, a small-cap player in the Pharmaceuticals & Drugs sector, has experienced significant trading activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 833.55, reflecting a notable increase of 4.99% from its previous levels. The last traded price stood at Rs 803.55, marking an absolute change of 9.65 and a percentage change of 1.22%.Today's trading saw a total volume of approximately 1.03 million shares, resulting in a turnover of around Rs 8.50 crore. The stock opened with a gain of 2.03%, indicating positive momentum from the start of the trading session. Over the past three days, Orchid Pharma has shown a cumulative return of 4.37%, although it has underperformed its sector by 0.43% today.
In terms of liquidity, the stock has demonstrated sufficient trading activity, with a delivery volume of 68,670 shares, which is an increase of 8.74% compared to the five-day average. Overall, Orchid Pharma's performance today highlights its active trading status within the pharmaceuticals sector, which itself has gained 2.35%.
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