Shyam Telecom Stock Hits Upper Circuit Limit with High Price of Rs 13.95
Shyam Telecom Ltd, a microcap in the Trading & Distributors sector, reached its upper circuit limit today, with a notable trading volume and turnover. Despite lower trading compared to moving averages, the stock demonstrated resilience, outperforming its sector while the broader market faced declines.
Shyam Telecom Ltd, a microcap company in the Trading & Distributors industry, has shown significant activity today as it hit its upper circuit limit. The stock reached a high price of 13.95, reflecting a positive change of 0.48, which translates to a percentage increase of 3.61. The last traded price (LTP) stands at 13.77, indicating strong performance relative to its sector.The stock's price band is set at 5%, and it recorded a low price of 13.30 during the trading session. Total traded volume reached approximately 0.01582 lakh, with a turnover of around 0.00214361 crore. Notably, Shyam Telecom outperformed its sector by 4.16% today, while the broader market, represented by the Sensex, experienced declines.
Despite trading lower than its moving averages across various time frames, the stock's liquidity remains adequate for trading activities. The delivery volume has seen a slight decrease of 1.96% compared to the five-day average, indicating a potential shift in investor participation. Overall, Shyam Telecom's performance today highlights its resilience in a challenging market environment.
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