Shree Rama Multi-Tech Ltd Sees Surge in Trading Activity Amid Positive Market Momentum

May 13 2025 11:00 AM IST
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Shree Rama Multi-Tech Ltd, a microcap in the packaging sector, saw significant trading activity today, reaching its upper circuit limit. The stock recorded a notable intraday high and has shown positive momentum over the past few days, indicating increased investor participation and liquidity in the market.
Shree Rama Multi-Tech Ltd, a microcap player in the packaging industry, has experienced significant activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 34.79, reflecting a notable increase of 4.98% from the previous close. This surge comes as the stock has gained 5.76% over the last two days, outperforming its sector by 2.3%.

Trading opened with a gap up of 4.41%, and the stock recorded a total traded volume of approximately 0.40388 lakh shares, resulting in a turnover of Rs 0.1393 crore. The last traded price (LTP) stands at Rs 34.31, with a change of Rs 1.17, or 3.53%.

Despite the stock's current performance, it remains below its 20-day, 50-day, 100-day, and 200-day moving averages, indicating a mixed trend in the longer term. However, it is trading higher than its 5-day moving average, suggesting some short-term strength.

Overall, Shree Rama Multi-Tech Ltd's performance today highlights a positive momentum in the market, with rising investor participation and liquidity supporting its trading activity.
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