Par Drugs & Chemicals Ltd Experiences Surge in Trading Activity and Performance Resilience
Par Drugs & Chemicals Ltd, a microcap in the Chemicals and Petrochemicals sector, experienced notable trading activity today, reaching its upper circuit limit. The stock's performance indicates resilience, with significant trading volume and a strong showing relative to its sector, despite being below longer-term moving averages.
Par Drugs & Chemicals Ltd, a microcap player in the Chemicals and Petrochemicals industry, has shown significant activity today as its stock hit the upper circuit limit. The stock reached a high price of 108.36, reflecting a positive change of 3.5, or 3.39% from the previous close. The last traded price (LTP) stands at 106.7, with a notable intraday low of 102.56.The trading volume for the day was approximately 0.08139 lakh shares, contributing to a turnover of around 0.087 crore. In terms of performance, Par Drugs & Chemicals has outperformed its sector by 2.23%, indicating a strong showing relative to peers. The stock is currently above its 5-day, 20-day, and 50-day moving averages, although it remains below the 100-day and 200-day moving averages.
Overall, the stock's performance today highlights its resilience and market activity, reflecting a robust trading environment for Par Drugs & Chemicals Ltd.
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