Soma Textiles Hits Upper Circuit Limit, Signaling Strong Market Resilience and Performance

Jul 18 2025 10:00 AM IST
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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.
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