Silgo Retail Hits Upper Circuit Limit, Achieves New 52-Week High in Trading Surge
Silgo Retail Ltd has reached its upper circuit limit, achieving a new 52-week high of Rs. 59.9. The stock saw a notable increase and recorded a trading volume of approximately 0.34178 lakh shares. With a market capitalization of Rs. 106.00 crore, it demonstrates strong market performance and liquidity.
Silgo Retail Ltd, a microcap player in the retailing industry, has made headlines today by hitting its upper circuit limit with a notable high price of Rs. 59.9. This marks a significant achievement for the company, as it also reached a new 52-week high during trading. The stock experienced a positive change of Rs. 2.85, reflecting a 5.0% increase in its value.In terms of trading activity, Silgo Retail recorded a total traded volume of approximately 0.34178 lakh shares, resulting in a turnover of Rs. 0.20472622 crore. The stock's performance today outpaced its sector by 4.07%, showcasing its strength in the market. Additionally, Silgo Retail is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend.
With a market capitalization of Rs. 106.00 crore, Silgo Retail continues to demonstrate liquidity, being able to accommodate trades of Rs. 0 crore based on 2% of its 5-day average traded value. Overall, the stock's performance today reflects a strong position within the retail sector, highlighting its recent achievements without any indications of negative trends.
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