Sundaram Multi Pap Ltd Experiences Surge in Trading Activity and Investor Participation
Sundaram Multi Pap Ltd experienced notable trading activity today, reaching its upper circuit limit with a significant increase in investor participation. The stock recorded a high of 2.38 and a total traded volume of approximately 11.47 lakh shares, indicating a dynamic presence in the market.
Sundaram Multi Pap Ltd, a microcap player in the miscellaneous industry, has shown significant activity today as it hit its upper circuit limit. The stock reached a high price of 2.38, reflecting a change of 0.03, which translates to a percentage increase of 1.51%. The last traded price (LTP) stands at 2.02, with a notable price band of 20%. During the trading session, the stock recorded a total traded volume of approximately 11.47 lakh shares, resulting in a turnover of around Rs 0.236 crore. The stock's performance today indicates that it has outperformed the sector by a margin of 0.28%, although it has underperformed relative to its sector by 0.96%.
In terms of moving averages, Sundaram Multi Pap is currently higher than its 5-day moving average but lower than its 20-day, 50-day, 100-day, and 200-day moving averages. Additionally, there has been a notable increase in investor participation, with delivery volume rising by 129.87% compared to the 5-day average.
Overall, Sundaram Multi Pap Ltd's performance today highlights its active trading status and liquidity, reflecting a dynamic presence in the market.
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