Semac Consultants Ltd Achieves Upper Circuit Limit Amid Broader Market Decline

Semac Consultants Ltd, a microcap player in the construction industry, has shown significant activity today as its stock hit the upper circuit limit. The stock reached an intraday high of Rs 507, marking a notable increase of 4.99% or an absolute change of Rs 24.1. This performance stands out as it has outperformed its sector by 5.9%, while the broader market, represented by the Sensex, experienced a slight decline of 0.07%.
The stock has been on a positive trajectory, gaining for the last two consecutive days and accumulating a total return of 5.8% during this period. Semac Consultants is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend in its price performance.

Despite a decrease in investor participation, with delivery volume falling by 71.25% compared to the 5-day average, the stock's liquidity remains adequate for trading. The total traded volume today was approximately 0.01531 lakh, resulting in a turnover of Rs 0.077 crore. Overall, Semac Consultants Ltd's performance today reflects a robust market position within its sector.