Power & Instrumentation (Gujarat) Ltd Stock Hits Upper Circuit at Rs 148.23
Power & Instrumentation (Gujarat) Ltd experienced significant trading activity today, hitting its upper circuit limit after four days of decline. The stock reached an intraday high, outperforming its sector and showing increased investor participation, as indicated by a notable rise in delivery volume compared to recent averages.
Power & Instrumentation (Gujarat) Ltd, operating in the Other Electrical Equipment sector, has shown significant activity today as the stock hit its upper circuit limit. The stock reached an intraday high of Rs 148.23, reflecting a notable increase of 4.99% from the previous trading session. This upward movement comes after a period of four consecutive days of decline, marking a potential trend reversal.The last traded price (LTP) stands at Rs 148.20, with a change of Rs 7.02, representing a percentage change of 4.97%. The stock's performance today has outperformed its sector by 5.63%, while the broader market, as indicated by the Sensex, saw a modest gain of 0.12%.
Total traded volume reached approximately 0.34088 lakh shares, resulting in a turnover of Rs 0.496 crore. Notably, the delivery volume on November 6 surged by 128.95% compared to the five-day average, indicating rising investor participation.
Overall, Power & Instrumentation (Gujarat) Ltd has demonstrated a robust performance today, with key financial metrics suggesting a positive shift in market sentiment.
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