Prajay Engineers Syndicate Ltd Stock Hits Upper Circuit Limit at Rs 27.62
Prajay Engineers Syndicate Ltd, a microcap in the realty sector, reached its upper circuit limit today, achieving an intraday high of Rs 27.62. The stock's performance surpassed sector averages, with notable trading activity despite a decline in delivery volume. It remains above key moving averages, indicating a positive trend.
Prajay Engineers Syndicate Ltd, a microcap player in the realty sector, has shown significant activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 27.62, marking a notable increase of 4.98% from the previous close. This performance outpaced the sector's average return of 0.35% and the Sensex's return of 0.48%, highlighting the stock's strong market position.The total traded volume for the day was approximately 0.89306 lakh shares, resulting in a turnover of Rs 0.243 crore. Despite a decrease in delivery volume, which fell by 65.55% compared to the five-day average, the stock remains liquid enough for trading activities. Prajay Engineers Syndicate is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a positive trend in its performance metrics.
Overall, the stock's performance today reflects a robust upward movement, with a 1D return of 4.98%, reinforcing its position in the market.
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