Oricon Enterprises Achieves New High Amid Strong Trading Activity in Packaging Sector

Jun 05 2025 01:00 PM IST
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Oricon Enterprises Ltd, a microcap in the packaging industry, reached an intraday high of Rs 48.84, marking a new 52-week high. The stock saw significant trading activity with around 32.11 lakh shares exchanged, indicating strong market interest and a positive performance trend over recent days.
Oricon Enterprises Ltd, a microcap player in the packaging industry, has made headlines today as its stock hit the upper circuit limit, reaching an intraday high of Rs 48.84. This marks a significant achievement for the company, as it also set a new 52-week high. The stock experienced a notable change of Rs 8.14, reflecting a 20% increase in value.

Throughout the trading session, Oricon Enterprises demonstrated robust activity, with a total traded volume of approximately 32.11 lakh shares and a turnover of Rs 15.21 crore. The stock has outperformed its sector by 18.92%, showcasing its strong market position. Over the past two days, it has gained 20.65%, indicating a positive trend in its performance.

The stock traded within a wide range of Rs 8.4 today, with the low price recorded at Rs 40.44. Notably, Oricon Enterprises is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, further highlighting its upward momentum.

In summary, Oricon Enterprises Ltd has shown impressive performance today, reflecting strong market activity and a favorable position within the packaging sector.
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