Rajratan Global Wire Hits Upper Circuit Limit Amid Surge in Investor Participation

Apr 23 2025 10:00 AM IST
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Rajratan Global Wire Ltd, a small-cap auto ancillary company, hit its upper circuit limit today, closing at Rs 390.15 after a notable surge. The stock reached an intraday high of Rs 427.90, with significant trading volume and increased investor participation, reflecting strong market dynamics.
Rajratan Global Wire Ltd, a small-cap player in the auto ancillary industry, has made headlines today by hitting its upper circuit limit. The stock experienced a significant surge, closing at Rs 390.15, reflecting a remarkable change of Rs 65.00 or 19.99%. This performance is particularly noteworthy as it outperformed its sector by 8.71%.

During the trading session, Rajratan Global Wire reached an intraday high of Rs 427.90, showcasing a robust increase of 9.68% from its opening price, which itself was up by 8.16%. The stock demonstrated high volatility, with an intraday fluctuation of 9.86%. Total traded volume reached approximately 8.1 lakh shares, resulting in a turnover of around Rs 30.13 crore.

The stock has shown consistent gains over the past four days, accumulating a total return of 42.48% during this period. Additionally, the delivery volume on April 22 saw a significant rise of 612.93% compared to the five-day average, indicating increased investor participation. Overall, Rajratan Global Wire's performance today highlights its strong market position and active trading dynamics.
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