SML ISUZU Hits Upper Circuit Limit Amid Strong Market Dynamics in Auto Sector
SML ISUZU Ltd has reached its upper circuit limit, achieving an intraday high of Rs 1878.2. The stock recorded a trading volume of approximately 1.35 lakh shares and a turnover of around Rs 24.74 crore. It has shown consistent strength, trading above key moving averages despite a decline in delivery volume.
SML ISUZU Ltd, a small-cap player in the Auto - Trucks industry, has made headlines today by hitting its upper circuit limit. The stock reached an impressive intraday high of Rs 1878.2, marking a significant change of Rs 170.7 or 10.0% from the previous close. This performance outpaced the sector, which saw a modest gain of 2.12%.In terms of trading activity, SML ISUZU recorded a total traded volume of approximately 1.35 lakh shares, resulting in a turnover of around Rs 24.74 crore. The stock has shown consistent strength, gaining for the last two days and delivering a cumulative return of 10.53% during this period. Notably, SML ISUZU is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend.
Despite a decline in delivery volume, which fell by 48.2% compared to the 5-day average, the stock remains liquid enough for trading activities. Overall, SML ISUZU's performance today reflects strong market dynamics and investor engagement in the small-cap segment of the auto industry.
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