Supreme Infrastructure India Ltd Experiences Significant Trading Activity Amid Construction Sector Momentum
Supreme Infrastructure India Ltd, a microcap construction firm, reached its upper circuit limit today, with an intraday high of Rs 126.75. The stock has gained 15.74% over three days, outperforming its sector. Despite a decline in delivery volume, it maintains a strong market position and positive momentum.
Supreme Infrastructure India Ltd, a microcap player in the construction industry, has shown remarkable activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 126.75, reflecting a 5% increase from its previous close. This surge is part of a broader trend, as the stock has gained 15.74% over the last three days, outperforming its sector by 4.83%.Trading commenced with a gap up of 5%, and the stock maintained a strong performance throughout the day. The last traded price stands at Rs 126.75, with a total traded volume of approximately 0.37 million shares, resulting in a turnover of Rs 0.47 crore. Notably, Supreme Infrastructure is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend.
Despite a decline in delivery volume, which fell by 62.89% against the 5-day average, the stock remains liquid enough for trades of Rs 0.01 crore. Overall, Supreme Infrastructure India Ltd's performance today highlights its strong market position and positive momentum in the construction sector.
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