Sarla Performance Fibers Ltd Hits Upper Circuit, Reflects Strong Market Interest and Upward Trend
Sarla Performance Fibers Ltd, a small-cap company in the Garments & Apparels sector, reached its upper circuit limit today, marking a significant trading session with a total volume of approximately 1.94 lakh shares. The stock has gained consistently over the past five days, reflecting strong market interest and liquidity.
Sarla Performance Fibers Ltd, a small-cap player in the Garments & Apparels industry, has shown remarkable activity today, hitting its upper circuit limit with an intraday high of Rs 122.8. The stock experienced a notable change of 5.84 points, reflecting a percentage increase of 4.99%. This performance comes as the stock has been on a positive trajectory, gaining for five consecutive days and accumulating a total return of 9.08% during this period.The stock opened with a gap up of 2.04% today, indicating strong market interest. Throughout the trading session, Sarla Performance Fibers recorded a total traded volume of approximately 1.94 lakh shares, resulting in a turnover of around Rs 2.35 crore. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a robust upward trend.
In terms of liquidity, the stock has demonstrated sufficient trading capacity, with delivery volume on July 18 rising by 41.62% compared to the 5-day average. Overall, Sarla Performance Fibers Ltd's performance today underscores its strong market position within the sector.
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