Semac Consultants Ltd Achieves Upper Circuit Limit Amid Strong Market Momentum

Semac Consultants Ltd, a microcap player in the construction industry, has made headlines today as its stock hit the upper circuit limit, reaching an intraday high of Rs 516.25. This marks a significant change of Rs 24.55, translating to a 4.99% increase. The stock opened with a notable gain of 4.98% and has outperformed its sector by 4.57%. Throughout the trading session, Semac Consultants exhibited a low price of Rs 501.55, with a total traded volume of approximately 0.0133 lakh shares, resulting in a turnover of Rs 0.0687 crore. The stock has shown resilience, trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong performance trend. Despite a recent trend reversal after seven consecutive days of gains, the stock's liquidity remains adequate for trading, with a delivery volume that has seen fluctuations. Overall, Semac Consultants Ltd's performance today reflects a robust position in the market, underscoring its current momentum in the construction sector.