Spandana Sphoorty Financial Hits Upper Circuit Limit Amid Surge in Investor Interest

Spandana Sphoorty Financial Ltd, a small-cap player in the Finance/NBFC sector, has made headlines today by hitting its upper circuit limit. The stock reached an impressive intraday high of Rs 348.3, reflecting a significant change of Rs 54.3 or 20.0%. This surge comes as the stock has been on a consistent upward trajectory, gaining for six consecutive days and accumulating a remarkable 45.36% return during this period.
The total traded volume today stood at approximately 27.21 lakh shares, contributing to a turnover of Rs 84.59 crore. The last traded price (LTP) settled at Rs 325.8, indicating strong market activity. Notably, the stock outperformed its sector by 4.68%, showcasing its robust performance relative to peers.

In terms of liquidity, Spandana Sphoorty Financial has demonstrated a delivery volume of 9.74 lakh shares, which is a staggering 540.95% increase compared to the five-day average. The stock's performance metrics indicate it is trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average.

Overall, Spandana Sphoorty Financial's performance today highlights its strong market position and investor interest, marking a notable day in its trading history.