Shanti Overseas Stock Surges, Reflecting Strong Market Position in Agriculture Sector

May 29 2025 10:00 AM IST
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Shanti Overseas (India) Ltd's stock reached a high of Rs. 21.66, hitting the upper circuit limit. The company experienced robust trading activity with approximately 12.38 lakh shares traded. Despite a drop in delivery volume, the stock remains above key moving averages, indicating a positive trend in its performance.
Shanti Overseas (India) Ltd, operating in the Other Agricultural Products sector, has made headlines today as its stock hit the upper circuit limit, reaching a high price of Rs. 21.66. This marks a significant achievement for the microcap company, which has seen a notable change of Rs. 1.03, translating to a 4.99% increase in its stock price.

The stock's performance today has outpaced its sector by 1.11%, indicating a strong showing in a competitive market. With a total traded volume of approximately 12.38 lakh shares and a turnover of Rs. 2.67 crore, Shanti Overseas has demonstrated robust trading activity. The stock is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, reflecting a positive trend in its performance metrics.

Despite a significant drop in delivery volume, which fell by 100% compared to the 5-day average, the liquidity remains adequate for trading, with the stock representing 2% of the 5-day average traded value. Overall, Shanti Overseas (India) Ltd's performance today highlights its strong market position and resilience within the agricultural sector.
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