Radhika Jeweltech Hits Upper Circuit Limit Amidst Strong Trading Activity and Volatility
Radhika Jeweltech Ltd, a small-cap in the Gems, Jewellery and Watches sector, reached its upper circuit limit today, with significant trading activity of around 143.47 lakh shares and a turnover of Rs 141.85 crore. The stock demonstrated strong momentum and notable volatility, reflecting an active trading environment.
Radhika Jeweltech Ltd, a small-cap player in the Gems, Jewellery and Watches industry, has made headlines today by hitting its upper circuit limit. The stock reached an intraday high of Rs 103.33, reflecting a significant price change of Rs 13.89, or 16.13%, from its last traded price of Rs 100. The stock's performance today has outperformed its sector by 14.97%, showcasing strong momentum.Trading activity was robust, with a total volume of approximately 143.47 lakh shares exchanged, resulting in a turnover of Rs 141.85 crore. The stock exhibited high volatility, with an intraday volatility of 5.1%, indicating active trading conditions. Over the past three days, Radhika Jeweltech has shown a consecutive gain, accumulating a total return of 17.89%.
Despite the positive performance, the stock's delivery volume has seen a decline of 22.72% compared to the five-day average, suggesting a shift in investor participation. Overall, Radhika Jeweltech's performance today highlights its strong market position and active trading environment, marking a notable day for the company.
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