Sotac Pharmaceuticals Stock Hits Upper Circuit Limit with High Price of 113.5
Sotac Pharmaceuticals Ltd has gained attention by reaching its upper circuit limit, with a notable increase in stock price. The trading session saw a total volume of 0.012 lakh shares and a turnover of approximately Rs 0.01362 crore. Despite reduced investor participation, the stock showed resilience in the market.
Sotac Pharmaceuticals Ltd, a microcap player in the Pharmaceuticals & Biotechnology sector, has made headlines today by hitting its upper circuit limit. The stock reached a high price of 113.5, reflecting a notable change of 5.4, which translates to a 5.0% increase. This performance outpaced the sector's average return of 0.07% and the Sensex's return of 0.35%, showcasing the stock's strong market position.The trading activity for Sotac Pharmaceuticals today included a total traded volume of 0.012 lakh shares, resulting in a turnover of approximately Rs 0.01362 crore. The stock's last traded price (LTP) stands at 113.5, with the price band set at 5%. Notably, the stock is currently performing higher than its 5-day moving averages, although it remains below the 20-day, 50-day, 100-day, and 200-day moving averages.
Despite a decline in investor participation, with delivery volume dropping by 44.44% against the 5-day average, Sotac Pharmaceuticals has demonstrated resilience in today's trading session. Overall, the stock's performance reflects a significant upward trend, marking a positive day for the company in the market.
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