Pudumjee Paper Products Ltd Hits Upper Circuit Limit Amid Increased Investor Activity

Pudumjee Paper Products Ltd, a small-cap player in the Paper, Forest & Jute Products industry, has shown significant activity today as it hit its upper circuit limit. The stock reached an intraday high of Rs 107.66, reflecting a notable increase of 4.99%. This performance is particularly impressive as it outperformed its sector by 5.16%, while the broader market, represented by the Sensex, recorded a modest gain of 0.30%. The stock's last traded price (LTP) stands at Rs 107.66, with a total traded volume of approximately 0.92443 lakh shares, resulting in a turnover of Rs 0.97666 crore. The price band for the day was set at 5%, indicating a strong upward movement. Additionally, Pudumjee Paper Products has shown resilience, trading above its 5-day, 20-day, and 50-day moving averages, although it remains below its 100-day and 200-day averages. Investor participation has also risen, with delivery volume increasing by 115.19% compared to the 5-day average. Overall, Pudumjee Paper Products Ltd's performance today highlights its strong market position and active trading environment.