Pasupati Acrylon Shows Strong Market Activity Amid Increased Investor Participation
Pasupati Acrylon Ltd, a microcap in the petrochemicals sector, experienced significant trading activity today, reaching its upper circuit limit. The stock closed at Rs 56.0, with notable trading volume and increased investor participation, reflecting a strong market position and positive momentum over the past five days.
Pasupati Acrylon Ltd, a microcap player in the petrochemicals industry, has shown remarkable activity today, hitting its upper circuit limit with an intraday high of Rs 56.29, reflecting a 5% increase. The stock closed at Rs 56.0, marking an absolute change of Rs 2.39, or a percentage change of 4.46%. The trading volume reached approximately 1.67 lakh shares, contributing to a turnover of Rs 0.93 crore. Notably, Pasupati Acrylon has outperformed its sector by 4.93% today, continuing a positive trend with a consecutive gain over the last five days, during which it has appreciated by 12.22%.
The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum. Additionally, there has been a significant increase in investor participation, with delivery volume rising by 69.82% compared to the 5-day average.
Overall, Pasupati Acrylon's performance today highlights its robust market position and positive trading activity within the petrochemicals sector.
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