Shaily Engineering Plastics Hits Upper Circuit Limit Amidst Strong Market Activity
Shaily Engineering Plastics Ltd has seen significant trading activity, reaching an intraday high of Rs 2023.6 and achieving a new 52-week high of Rs 2034.5. The stock recorded a total traded volume of approximately 4.29 lakh shares, indicating strong market interest and a bullish trend.
Shaily Engineering Plastics Ltd, a mid-cap player in the Plastic Products - Industrial sector, has experienced significant trading activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 2023.6, showcasing a robust performance with a notable change of Rs 161.4, translating to an 8.77% increase. The stock's last traded price (LTP) stands at Rs 2001.1, with a price band of 10%, indicating strong market interest. Throughout the trading session, Shaily Engineering Plastics recorded a total traded volume of approximately 4.29 lakh shares, resulting in a turnover of around Rs 84.90 crore.
Despite touching an intraday low of Rs 1951.5, the stock has outperformed its sector by 0.49%. Additionally, it has achieved a new 52-week high of Rs 2034.5 today, further emphasizing its upward momentum. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong bullish trend.
In summary, Shaily Engineering Plastics Ltd has demonstrated impressive performance metrics today, reflecting its solid position in the market.
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