Soma Textiles Stock Hits Upper Circuit Limit with Intraday High of Rs 114.63
Soma Textiles & Industries Ltd achieved a new all-time high, reaching Rs 114.63, driven by strong investor interest. The stock demonstrated stability with minimal price fluctuation and notable trading volume. Its recent performance reflects significant gains, outperforming its sector and indicating robust market confidence.
Soma Textiles & Industries Ltd, a microcap player in the Garments & Apparels sector, has made headlines today by hitting its upper circuit limit with an impressive intraday high of Rs 114.63. This marks a significant achievement as the stock reached a new 52-week and all-time high, reflecting a robust performance in the market.The stock experienced a notable change of 5.45 points, translating to a percentage increase of 4.99%. It opened with a gap up of 4.96%, indicating strong buying interest from investors. Throughout the trading session, Soma Textiles maintained a narrow price range of just Rs 0.03, showcasing stability amidst the upward momentum.
In terms of trading volume, the total traded volume reached approximately 0.0678 lakh shares, with a turnover of Rs 0.0777 crore. The stock has demonstrated consistent gains over the past five days, accumulating a remarkable 27.48% return during this period. Additionally, it has outperformed its sector by 5.2%, further solidifying its position in the market.
Overall, Soma Textiles & Industries Ltd's performance today highlights its strong market presence and investor confidence, as it continues to trade above key moving averages.
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