Shanti Overseas Surges Amidst Broader Market Decline, Indicating Sector Resilience

Jul 16 2025 10:00 AM IST
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Shanti Overseas (India) Ltd, in the Other Agricultural Products sector, reached its upper circuit limit today, reflecting strong buying interest. The stock's trading volume was approximately 0.20307 lakh shares, with a notable turnover. Its performance indicates resilience in the market, particularly compared to its sector and the broader market.
Shanti Overseas (India) Ltd, operating in the Other Agricultural Products sector, has shown significant activity today, hitting its upper circuit limit with a high price of Rs 13.23. The stock experienced a positive change of Rs 0.63, reflecting a 5.0% increase. This performance is noteworthy as it outperformed its sector by 3.67%, while the broader market, represented by the Sensex, saw a slight decline of 0.16%.

The stock's trading volume reached approximately 0.20307 lakh shares, resulting in a turnover of Rs 0.026866161 crore. Notably, the stock's last traded price (LTP) aligns with its intraday high, indicating strong buying interest at this level.

In terms of moving averages, Shanti Overseas is currently above its 5-day moving average but below the 20-day, 50-day, 100-day, and 200-day averages, suggesting a mixed trend in the short to medium term. The liquidity of the stock remains adequate, with trading activity based on 2% of the 5-day average traded value.

Overall, Shanti Overseas (India) Ltd's performance today highlights its resilience in the market, particularly within its sector, as it continues to attract attention from traders.
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