Sadhana Nitro Chem Stock Hits Upper Circuit Limit with Intraday High of Rs 9.45
Sadhana Nitro Chem Ltd, a microcap in the commodity chemicals sector, reached its upper circuit limit today, reversing a three-day decline. The stock saw significant trading activity with a total volume of approximately 8.15 lakh shares, indicating resilience despite decreased investor participation.
Sadhana Nitro Chem Ltd, a microcap player in the commodity chemicals sector, has shown significant activity today, hitting its upper circuit limit with a high price of Rs 9.45. The stock experienced a positive change of Rs 0.21, translating to a 2.33% increase. This performance marks a notable trend reversal, as the stock has gained after three consecutive days of decline.The total traded volume reached approximately 8.15 lakh shares, contributing to a turnover of around Rs 0.75 crore. The last traded price (LTP) stands at Rs 9.21, indicating a solid performance relative to its sector, outperforming by 2.36%.
Despite a decrease in investor participation, with delivery volume dropping by 64.33% compared to the five-day average, the stock remains liquid enough for trades of Rs 0.04 crore based on 2% of the five-day average traded value.
Overall, Sadhana Nitro Chem Ltd's performance today reflects a positive shift in momentum, with key financial metrics indicating resilience in a challenging market environment.
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