Sarla Performance Fibers Ltd Sees Surge in Trading Activity Amid Market Dynamics
Sarla Performance Fibers Ltd's stock reached an intraday high of Rs 120.78, hitting the upper circuit limit. The trading session saw a total volume of approximately 4.27 lakh shares and a turnover of Rs 5.11 crore, indicating increased investor participation and strong performance relative to moving averages.
Sarla Performance Fibers Ltd, a microcap player in the Garments & Apparels industry, has made headlines today as its stock hit the upper circuit limit, reaching an intraday high of Rs 120.78. The stock experienced a notable change of Rs 4.97, reflecting a percentage increase of 4.32%. Despite this positive movement, the stock has underperformed its sector by 1.95% and has shown a trend reversal after three consecutive days of gains.The stock's last traded price (LTP) stood at Rs 120.00, with a low of Rs 114.00 during the trading session. Total traded volume reached approximately 4.27 lakh shares, contributing to a turnover of Rs 5.11 crore. Notably, Sarla Performance Fibers is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance relative to these benchmarks.
Investor participation has also seen a significant uptick, with delivery volume on July 4 rising by 420.25% compared to the 5-day average. Overall, Sarla Performance Fibers Ltd's stock activity today highlights a robust trading environment, with key metrics reflecting its market position and performance indicators.
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