Shanti Overseas Hits Upper Circuit Limit Amid Decreased Investor Participation

May 28 2025 10:00 AM IST
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Shanti Overseas (India) Ltd experienced notable trading activity, reaching its upper circuit limit with a high of Rs 20.63. The stock outperformed its sector and the broader market, trading above key moving averages. However, investor participation declined significantly, with zero delivery volume recorded on May 27.
Shanti Overseas (India) Ltd, operating in the Other Agricultural Products sector, has shown significant activity today as it hit its upper circuit limit. The stock reached a high price of Rs 20.63, reflecting a notable increase of Rs 0.98 or 4.99% from its previous close. The trading session saw a total volume of approximately 4.74 lakh shares, resulting in a turnover of around Rs 0.98 crore.

The stock's performance today has outpaced its sector, which recorded a 1D return of -0.25%, while the broader Sensex declined by 0.16%. Shanti Overseas 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 movement.

Additionally, the stock is close to its 52-week high, being just 3.2% away from Rs 21.29. However, it is worth noting that investor participation has decreased, with a delivery volume of zero recorded on May 27, reflecting a 100% drop compared to the 5-day average delivery volume. Overall, Shanti Overseas (India) Ltd has demonstrated robust performance today, marking a significant milestone in its trading activity.
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