Premier Ltd Stock Hits Upper Circuit Limit with High Price of Rs 3.43

Premier Ltd, a microcap player in the industrial manufacturing sector, has shown significant activity today as its stock hit the upper circuit limit. The stock reached a high price of Rs 3.43, reflecting a notable increase of Rs 0.16 or 4.89% from its previous close. This upward movement comes amidst a trading range where the stock recorded a low of Rs 3.27.
In terms of trading volume, Premier Ltd saw a total traded volume of approximately 0.01617 lakh shares, with a turnover of around Rs 0.00052876 crore. Notably, the stock's delivery volume surged to 37.18k on November 12, marking an impressive increase of 1148.91% compared to its five-day average delivery volume, indicating rising investor participation.

Despite this positive performance, Premier Ltd is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a mixed outlook in the context of longer-term trends. Overall, the stock's performance today stands out within its sector, which recorded a modest 1D return of 0.07%, while the Sensex noted a 1D return of 0.33%.