Sical Logistics Hits Upper Circuit Limit Amidst Fluctuating Trading Conditions

Apr 03 2025 10:01 AM IST
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Sical Logistics Ltd experienced significant trading activity, hitting its upper circuit limit and closing at Rs 90.21. The stock demonstrated resilience, recovering from an initial loss and achieving notable gains over three days. However, delivery volume declined sharply, indicating a shift in investor participation.
Sical Logistics Ltd, a microcap player in the logistics industry, has made headlines today by hitting its upper circuit limit. The stock closed at Rs 90.21, reflecting a notable increase of 4.29 points or 4.99% from the previous trading session. Throughout the day, Sical Logistics reached an intraday high of Rs 94.4, showcasing a robust performance that outpaced its sector by 4.6%.

Despite opening with a loss of 4%, the stock demonstrated resilience, recovering to achieve significant gains over the last three days, accumulating a total return of 15.01%. The trading volume for the day was recorded at approximately 0.00884 lakh shares, with a turnover of Rs 0.007906496 crore.

The price band for Sical Logistics is set at 5%, indicating a strong upward movement within the trading session. While the stock's performance has been commendable, it is noteworthy that the delivery volume has seen a decline of 78.69% compared to the five-day average, suggesting a shift in investor participation.

In summary, Sical Logistics Ltd's performance today highlights its strong market position and ability to navigate fluctuations, closing on a high note amidst varying trading conditions.
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