Rane Engine Valve Ltd Sees Surge in Trading Activity Amid Market Volatility

Apr 17 2025 10:00 AM IST
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Rane Engine Valve Ltd's stock reached an intraday high of Rs 351.8, hitting the upper circuit limit amid a volatile trading session. The total traded volume was approximately 3.65 lakh shares, with a notable increase in delivery volume, indicating heightened investor interest and activity in the market.
Rane Engine Valve Ltd, a microcap player in the auto ancillary industry, has captured attention today as its stock hit the upper circuit limit, reaching an intraday high of Rs 351.8. The stock experienced a notable change of Rs 33.8, reflecting a percentage increase of 11.53%. Despite a volatile trading session, with an intraday low of Rs 295.35, the stock's performance has outpaced its sector by 1.12%.

The total traded volume for the day reached approximately 3.65 lakh shares, contributing to a turnover of Rs 12.49 crore. The stock's liquidity remains robust, with a delivery volume that surged by 494.36% compared to the five-day average, indicating rising investor participation.

In terms of moving averages, Rane Engine Valve's stock is currently above the 5-day, 20-day, and 50-day averages, although it remains below the 100-day and 200-day averages. The day's trading has shown high volatility, with an intraday fluctuation of 5.54%.

Overall, Rane Engine Valve Ltd's performance today highlights significant activity and resilience in a challenging market environment.
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