Sical Logistics Ltd Experiences Strong Market Activity Amid High Volatility
Sical Logistics Ltd experienced notable market activity today, with its stock hitting the upper circuit limit and reaching an intraday high. The stock has shown resilience, outperforming its sector and achieving consecutive gains over the past two days, despite exhibiting high volatility during the trading session.
Sical Logistics Ltd, a microcap player in the Transport Services industry, has made headlines today as its stock hit the upper circuit limit, reflecting strong market activity. The stock reached an intraday high of Rs 98.99, marking a notable increase of 4.41% during the trading session. The last traded price stood at Rs 93.56, with a change of Rs 2.63, translating to a percentage change of 2.89%.The stock has shown resilience, outperforming its sector by 3.76% and achieving a consecutive gain over the past two days, with an impressive return of 8.31% in that timeframe. Despite the positive momentum, the stock exhibited high volatility today, with an intraday volatility of 5.71%.
Trading volume was recorded at 0.06441 lakh shares, resulting in a turnover of approximately Rs 0.061 crore. The stock's performance metrics indicate it is currently above its 5-day and 20-day moving averages, although it remains below the longer-term averages of 50, 100, and 200 days.
In summary, Sical Logistics Ltd has demonstrated significant activity today, reflecting a robust performance in the market without any negative indicators.
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