Reliance Home Finance Shows Strong Rebound Amid Market Recovery Trends

Mar 28 2025 12:00 PM IST
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Reliance Home Finance Ltd experienced notable trading activity, hitting its upper circuit limit and reversing a three-day decline. The stock recorded a total traded volume of 9.1645 lakh shares, with a turnover of approximately Rs 0.3015 crore, indicating a resurgence in market interest despite a slight dip in delivery volume.
Reliance Home Finance Ltd, operating in the Finance - Housing sector, has shown significant activity today as it hit its upper circuit limit. The stock reached a high price of Rs 3.36, reflecting a positive change of Rs 0.16, or 5.0%. This performance marks a notable trend reversal, as the stock has gained after three consecutive days of decline.

In terms of trading metrics, Reliance Home Finance recorded a total traded volume of 9.1645 lakh shares, resulting in a turnover of approximately Rs 0.3015 crore. The stock's performance today outpaced its sector by 4.83%, indicating a strong rebound in market interest.

Despite a slight decline in delivery volume, which fell by 1.56% against the five-day average, the stock remains liquid enough for trades of Rs 0.02 crore based on 2% of the five-day average traded value. Currently, the stock is positioned higher than its 20-day, 50-day, and 200-day moving averages, although it remains below the 5-day and 100-day moving averages.

Overall, Reliance Home Finance's performance today highlights a significant recovery in the stock, reflecting positive momentum in the market.
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