Soma Textiles Hits Upper Circuit Limit, Signaling Strong Market Resilience and Performance
Soma Textiles & Industries Ltd has gained attention by reaching its upper circuit limit, hitting an intraday high of Rs 90.54. The stock has risen for seven consecutive days, yielding a notable return. Despite this performance, investor participation has decreased, with lower delivery volumes compared to recent averages.
Soma Textiles & Industries Ltd, a microcap player in the Garments & Apparels sector, has made headlines today by hitting its upper circuit limit. The stock reached an intraday high of Rs 90.54, marking a significant 5% increase from its previous close. This performance is notable as it has outperformed its sector, which saw a slight decline of 0.04% today.The stock has shown remarkable resilience, gaining for the last seven consecutive days and achieving a staggering 101.6% return during this period. Today's trading saw a total volume of approximately 0.22543 lakh shares, with a turnover of Rs 0.204 crore. The stock opened with a gap up of 5%, maintaining its price at Rs 90.54 throughout the trading session.
Soma Textiles is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. However, it is worth noting that investor participation has decreased, with delivery volume dropping significantly compared to the 5-day average.
In summary, Soma Textiles & Industries Ltd has demonstrated robust performance today, achieving a new 52-week high while maintaining a strong position in the market.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read
