Sadbhav Engineering Hits Upper Circuit Limit with High Price of Rs 13.69
Sadbhav Engineering Ltd's stock reached its upper circuit limit today, reflecting a notable performance with a high of 13.69. The stock has gained for four consecutive days, achieving a 12.15% return. Increased trading volume and delivery participation indicate growing investor interest in the company.
Sadbhav Engineering Ltd, a microcap player in the construction industry, has shown significant activity today as its stock hit the upper circuit limit. The stock reached a high price of 13.69, reflecting a positive change of 0.17, or 1.3%, from the previous close. The last traded price stood at 13.21, with a low of 13.09 during the trading session.The stock has been on an upward trajectory, gaining for the last four consecutive days and achieving a remarkable 12.15% return over this period. Today's performance outpaced the sector by 0.96%, with a 1D return of 1.38, compared to the sector's 0.27 and the Sensex's 0.23.
In terms of trading volume, Sadbhav Engineering recorded a total traded volume of approximately 1.16 lakh shares, resulting in a turnover of around Rs 0.15 crore. Notably, the delivery volume on October 6 increased by 26.16% against the five-day average, indicating rising investor participation.
Overall, Sadbhav Engineering's stock performance today highlights its strong market position and positive momentum within the construction sector.
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