Subex Ltd Stock Hits Upper Circuit Limit with Intraday High of Rs 13.14

Subex Ltd, a microcap player in the Software Products industry, has made headlines today as its stock hit the upper circuit limit, reaching an intraday high of Rs 13.14. This marks a significant increase of 9.96% from the previous close, reflecting a change of Rs 1.19. The stock's performance today has notably outperformed its sector by 8.58%, while the broader market, represented by the Sensex, recorded a modest gain of 0.27%.
Throughout the trading session, Subex saw a total traded volume of approximately 22.39 lakh shares, resulting in a turnover of Rs 2.87 crore. The stock's price band was set at 10%, indicating a robust trading environment. The day's low was recorded at Rs 12.10, showcasing the stock's volatility within the trading range.

Additionally, the delivery volume on October 9 reached 8.49 lakh shares, which is a 36.1% increase compared to the five-day average, suggesting rising investor participation. While the stock is currently trading above its 5-day, 20-day, and 50-day moving averages, it remains below the 100-day and 200-day averages, indicating mixed trends in its longer-term performance.

In summary, Subex Ltd's strong performance today highlights its active trading status and positive momentum within the market.