Somi Conveyor Beltings Hits Upper Circuit Limit, Signaling Strong Market Momentum
Throughout the trading session, Somi Conveyor Beltings exhibited a wide trading range of Rs 33.79, with a low price of Rs 173.23. The total traded volume reached approximately 1.83 lakh shares, resulting in a turnover of around Rs 3.65 crore. The stock opened with a gain of 2.02%, continuing its upward trajectory for the fourth consecutive day, accumulating a total return of 23.11% over this period.
Additionally, Somi Conveyor Beltings is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust performance trend. While investor participation has seen a decline, the stock remains liquid enough for trading activities. Overall, Somi Conveyor Beltings Ltd's performance today highlights its strong position within the Rubber Products sector.
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