Raj Rayon Industries Ltd Sees Surge in Trading Activity and Investor Participation
Raj Rayon Industries Ltd, a small-cap in the Garments & Apparels sector, reached its upper circuit limit today, with notable trading activity. The stock has shown consistent gains over the past three days and is currently above several key moving averages, indicating strong market performance and increased investor participation.
Raj Rayon Industries Ltd, a small-cap player in the Garments & Apparels industry, has shown significant activity today, hitting its upper circuit limit with a high price of 26.74. The stock experienced a positive change of 0.45, reflecting a percentage increase of 1.72. The last traded price stood at 26.67, with a low of 26.00 during the trading session.The total traded volume reached approximately 0.0051 lakh, resulting in a turnover of around 0.00134487 crore. Notably, Raj Rayon Industries has outperformed its sector by 0.81% today and has been on a gaining streak for the last three days, accumulating a total return of 4.47% during this period.
In terms of moving averages, the stock is currently above the 5-day, 20-day, 100-day, and 200-day averages, although it remains below the 50-day moving average. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 118.92% compared to the 5-day average.
Overall, Raj Rayon Industries Ltd has demonstrated robust performance metrics today, reflecting a strong position within its market segment.
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