Ravikumar Distilleries Ltd Experiences Surge in Investor Participation and Trading Activity

Apr 03 2025 10:00 AM IST
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Ravikumar Distilleries Ltd, a microcap in the Breweries & Distilleries sector, experienced notable trading activity today, hitting its upper circuit limit. The stock showed strong upward momentum, with increased investor participation and delivery volume significantly rising compared to the 5-day average, indicating robust market interest.
Ravikumar Distilleries Ltd, a microcap player in the Breweries & Distilleries sector, has shown significant activity today as it hit its upper circuit limit. The stock reached a high price of 28.62, reflecting a notable change of 2.48, or an increase of 9.53%. The last traded price was recorded at 28.5, with a price band of 10%, indicating strong upward momentum.

Throughout the trading session, the stock experienced a low of 26.53, with a total traded volume of approximately 0.67785 lakh shares and a turnover of around 0.1907 crore. Despite underperforming its sector by 2.21%, Ravikumar Distilleries has been trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a positive trend in its performance metrics.

Additionally, there has been a significant rise in investor participation, with delivery volume increasing by 296.18% compared to the 5-day average. This liquidity indicates that the stock is accessible for trading, supporting its market position. Overall, Ravikumar Distilleries Ltd has demonstrated robust activity today, reflecting its current standing in the market.
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