Praxis Home Retail Stock Hits Upper Circuit Limit at Rs 13.11, Up 4.96%

Praxis Home Retail Ltd, operating in the Garments & Apparels industry, has shown remarkable activity today as it hit its upper circuit limit with a high price of Rs 13.11. The stock experienced a positive change of Rs 0.62, reflecting a percentage increase of 4.96%. This performance is notable as it outperformed its sector, which recorded a decline of 0.48%, and the broader Sensex, which rose by 0.33%.
The stock has been on a consistent upward trajectory, gaining for the last four consecutive days and achieving a total return of 17.9% during this period. Today's trading saw a total volume of approximately 0.19917 lakh shares, with a turnover of Rs 0.026 crore. The delivery volume on October 7th reached 45.99 thousand shares, marking a 22.16% increase compared to the five-day average, indicating rising investor participation.

In terms of moving averages, Praxis Home Retail's stock is currently above the 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. Overall, the stock's performance today highlights its strong market position within the microcap segment, with a market capitalization of Rs 242.42 crore.