Raj Rayon Industries Shows Resilience with Strong Performance Amid Market Declines
Raj Rayon Industries Ltd, a small-cap company in the Garments & Apparels sector, reached its upper circuit limit today, showcasing strong performance amid broader market declines. The stock has gained consistently over the past nine days, reflecting resilience despite a notable drop in delivery volume.
Raj Rayon Industries Ltd, a small-cap player in the Garments & Apparels sector, has made headlines today by hitting its upper circuit limit with a high price of Rs 25.09. The stock experienced a positive change of 0.49, reflecting a percentage increase of 1.99%. This performance stands out as it has outperformed its sector by 2.63%, while the broader market indices, including the Sensex, reported declines of 0.85%.Today's trading saw a total volume of approximately 0.17701 lakh shares, resulting in a turnover of Rs 0.0444 crore. Notably, Raj Rayon Industries has been on a consistent upward trajectory, gaining for the last nine consecutive days and accumulating a remarkable 19.3% return over this period. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance trend.
Despite a significant drop in delivery volume, which fell by 93.44% against the 5-day average, the stock remains liquid enough for trading activities. Overall, Raj Rayon Industries Ltd's performance today highlights its resilience and upward momentum in a challenging market environment.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
