Reliable Data Services Ltd Stock Hits Upper Circuit Limit at Rs 129.99, Up 5%
Reliable Data Services Ltd, a microcap in the NBFC sector, reached its upper circuit limit today, with significant trading activity. The stock has gained 15.33% over the past three days, showing strong upward momentum and increased investor participation, as indicated by a notable rise in delivery volume.
Reliable Data Services Ltd, a microcap player in the Non-Banking Financial Company (NBFC) sector, has shown remarkable activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 129.99, reflecting a 5% increase from its previous close. This surge is part of a broader trend, as the stock has gained 15.33% over the last three days, outperforming its sector by 6.08%.Today, the stock opened with a notable gain of 2.75%, and the total traded volume reached approximately 0.14623 lakh shares, resulting in a turnover of Rs 0.189 crore. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward momentum.
Additionally, the delivery volume has seen a significant increase, rising by 61.9% compared to the 5-day average, suggesting heightened investor participation. Overall, Reliable Data Services Ltd's performance today underscores its robust market position and positive trading activity, reflecting a strong interest in the stock.
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