Rolta India Ltd Stock Hits Upper Circuit Limit at High Price of Rs 1.95
Rolta India Ltd, a microcap in the Computers - Software & Consulting sector, reached its upper circuit limit today, trading at Rs 1.95. The stock demonstrated strong performance, outperforming its sector and achieving an 11.11% return over the past three days, despite a decline in investor participation.
Rolta India Ltd, a microcap player in the Computers - Software & Consulting industry, has made headlines today by hitting its upper circuit limit. The stock reached a high price of Rs 1.95, reflecting a notable change of Rs 0.09, or 4.84%, from the previous trading session. This performance is particularly impressive as it outperformed its sector by 2.44%.Throughout the day, Rolta India traded within a price band of 5%, with a low price recorded at Rs 1.87. The total traded volume was approximately 0.08589 lakh shares, resulting in a turnover of Rs 0.001666266 crore. The stock has shown consistent gains over the past three days, accumulating a total return of 11.11% during this period.
In terms of moving averages, Rolta India is currently above its 5-day and 20-day averages, although it remains below the 50-day, 100-day, and 200-day averages. Despite a decline in investor participation, with delivery volume down by 26.4% compared to the 5-day average, the stock's liquidity remains adequate for trading.
Overall, Rolta India's performance today highlights its resilience in the market, marking a significant achievement for the company.
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