S J Logistics Stock Hits Upper Circuit Limit with High Price of 398.45

S J Logistics (India) Ltd, a microcap player in the Transport Services industry, has made headlines today by hitting its upper circuit limit. The stock reached a high price of 398.45, marking a significant change of 66.4, which translates to a 20% increase. This performance stands out as it has outperformed its sector by 20.25%, while the broader market, represented by the Sensex, saw a modest gain of 0.18%.
The stock's trading activity was robust, with a total traded volume of 3.0775 lakh shares and a turnover of approximately Rs 11.76 crore. The stock's last traded price (LTP) also aligns with its high price, indicating strong demand. However, it is noteworthy that the delivery volume has seen a decline of 50.53% compared to the five-day average, suggesting a shift in investor participation.

In terms of moving averages, S J Logistics is performing above its 5-day, 20-day, and 50-day averages, although it remains below the 100-day and 200-day averages. Overall, the stock's performance today reflects a positive trend in a challenging market environment, highlighting its resilience and market position.