Radhika Jeweltech Hits Upper Circuit Limit Amid Strong Investor Interest in Small-Cap Jewellery Sector

Radhika Jeweltech Ltd, a small-cap player in the Diamond & Gold Jewellery industry, has made headlines today by hitting its upper circuit limit. The stock closed at Rs 86.56, reflecting a notable change of Rs 4.12, or 5.0%. Throughout the trading session, Radhika Jeweltech reached an intraday high of Rs 90.4, showcasing a 4.44% increase from its opening price, despite initially opening with a loss of 2%.
The stock's performance has been impressive over the past three days, with a cumulative return of 11.14%. Today's trading volume reached approximately 5.58 lakh shares, resulting in a turnover of Rs 4.70 crore. The stock has outperformed its sector by 0.27%, while the broader market, represented by the Sensex, saw a decline of 0.39%.

In terms of price movement, Radhika Jeweltech's low for the day was Rs 80.3, indicating a robust trading range. The stock's weighted average price suggests that more volume was traded closer to its low price. Overall, Radhika Jeweltech's performance today highlights its strong market position and investor interest in the small-cap segment of the jewellery industry.