Rishabh Instruments Ltd Stock Hits Upper Circuit Limit at Intraday High of Rs 424
Rishabh Instruments Ltd has demonstrated strong trading activity, reaching its upper circuit limit with a notable price change. The stock has gained for five consecutive days, achieving significant returns and trading above key moving averages. Increased investor participation is evident, highlighting its robust market position in the microcap segment.
Rishabh Instruments Ltd, a player in the Other Electrical Equipment industry, has shown significant activity today, hitting its upper circuit limit with a high price of Rs 424. The stock experienced a notable change of Rs 19.55, reflecting a percentage increase of 4.99%. The last traded price stands at Rs 410.95, with a low of Rs 391.00 during the trading session.The total traded volume reached approximately 0.46917 lakh shares, contributing to a turnover of Rs 1.897 crore. Rishabh Instruments has been on a positive trajectory, gaining for the last five consecutive days and achieving a cumulative return of 11.34% over this period. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance relative to these benchmarks.
Investor participation has also seen a rise, with delivery volume increasing by 145.75% compared to the 5-day average. Overall, Rishabh Instruments Ltd's performance today underscores its robust market position within the microcap segment, reflecting positive momentum in trading activity.
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