Shah Alloys Ltd Stock Hits Upper Circuit Limit with Intraday High of Rs 70.46

Oct 01 2025 01:00 PM IST
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Shah Alloys Ltd, a microcap in the Iron & Steel Products sector, reached its upper circuit limit today, hitting an intraday high of Rs 70.46. The stock outperformed its sector and is trading above key moving averages, indicating strong market momentum despite a slight decline in delivery volume.
Shah Alloys Ltd, a microcap player in the Iron & Steel Products industry, has shown significant activity today as it hit its upper circuit limit. The stock reached an intraday high of Rs 70.46, reflecting a notable increase of 4.99%. This performance stands out as the company outperformed its sector by 5.07%, while the broader market, represented by the Sensex, recorded a 0.68% gain.

The last traded price (LTP) of Shah Alloys is also Rs 70.46, with a total traded volume of approximately 0.19841 lakh shares, resulting in a turnover of Rs 0.1377 crore. The stock's price band is set at 5%, indicating a robust trading environment. Additionally, Shah Alloys is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a strong upward trend in its performance metrics.

Despite a slight decline in delivery volume, which fell by 1.9% against the 5-day average, the stock remains liquid enough for trades of Rs 0.01 crore. Overall, Shah Alloys Ltd's performance today highlights its resilience and positive momentum in the market.
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