Rishabh Instruments Stock Hits Upper Circuit Limit with Intraday High of Rs 383.05
Rishabh Instruments Ltd experienced notable trading activity today, reaching its upper circuit limit after a period of decline. The stock's performance indicates a trend reversal, outperforming its sector and showing positive momentum despite a decrease in delivery volume. It remains above key moving averages, signaling potential recovery.
Rishabh Instruments Ltd, a microcap player in the Other Electrical Equipment industry, has shown significant activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 383.05, reflecting a notable increase of 4.99% from its previous trading session. This surge comes after a period of decline, marking a trend reversal as the stock gained after eight consecutive days of falling prices.The last traded price (LTP) was Rs 376.00, with a change of Rs 11.15, translating to a percentage change of 3.06%. The stock's performance today outperformed its sector by 2.89%, while the overall market, represented by the Sensex, recorded a 1D return of 0.76%.
Despite a decrease in delivery volume, which fell by 30.87% against the five-day average, the stock remains liquid enough for trades of Rs 0.03 crore, based on 2% of the five-day average traded value. The stock is currently positioned above its 100-day and 200-day moving averages, although it remains below the shorter-term moving averages.
Overall, Rishabh Instruments Ltd's performance today highlights a significant rebound, reflecting positive momentum in the face of recent challenges.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
