SEL Manufacturing Company Ltd Hits Upper Circuit Limit, Signaling Strong Market Position in Textiles

May 13 2025 10:00 AM IST
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SEL Manufacturing Company Ltd, a microcap in the textile sector, experienced significant trading activity, reaching its upper circuit limit. The stock showed a notable gain during the session, with increased trading volume and a stable price range, reflecting its strong market position and performance relative to its sector.
SEL Manufacturing Company Ltd, a microcap player in the textile industry, has shown remarkable activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 37.63, reflecting a gain of 4.99% during the trading session. The last traded price stands at Rs 35.84, marking an absolute change of Rs 1.7, which corresponds to a percentage increase of 4.98%.

The stock opened with a notable gain of 4.35% and has been on an upward trajectory, gaining 9.55% over the last two days. It traded within a narrow range of Rs 0.23, indicating stable price movement. Total traded volume reached approximately 0.03115 lakh shares, contributing to a turnover of Rs 0.0111 crore.

In terms of performance metrics, SEL Manufacturing Company has outperformed its sector by 4.93%. The stock's moving averages indicate it is performing better than the 5-day, 20-day, 50-day, and 100-day averages, although it remains below the 200-day average. Overall, SEL Manufacturing Company Ltd's performance today highlights its strong market position within the textile sector.
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