Rolta India Ltd Achieves Upper Circuit Limit Amidst Declining Delivery Volume

Rolta India Ltd, a microcap player in the IT software industry, has captured attention today as its stock hit the upper circuit limit, reaching a high price of Rs 2.36. The stock experienced a notable change of Rs 0.1, translating to a percentage increase of 4.44%. This performance stands out as it outperformed the sector by 3.68%, with a 1D return of 4.89%, compared to the sector's 0.87% and the Sensex's 0.66%.
Throughout the trading session, Rolta India recorded a total traded volume of 0.3389 lakh shares, resulting in a turnover of approximately Rs 0.0079 crore. The stock has shown consistent gains over the past three days, accumulating a total return of 12.98% during this period.

Despite the positive momentum, the stock's delivery volume has seen a significant decline, falling by 91.45% against the five-day average. Additionally, while the stock is currently trading above its five-day moving average, it remains below the longer-term moving averages of 20, 50, 100, and 200 days.

In summary, Rolta India Ltd's performance today reflects a strong upward trend, marked by its achievement of the upper circuit limit and solid returns over recent days.