Supreme Infrastructure India Ltd Hits Upper Circuit Limit Amidst Market Volatility

Supreme Infrastructure India Ltd, a microcap player in the Capital Goods sector, has shown significant activity today as it hit its upper circuit limit. The stock reached an intraday high of Rs 94.54, reflecting a 5% increase from its previous close. This performance marks a notable change of Rs 2.36, or 2.62%, indicating a positive shift in market sentiment.
Despite opening the day with a loss of 2.82%, the stock rebounded to outperform its sector by 0.7%. The total traded volume stood at approximately 0.07011 lakh shares, contributing to a turnover of around Rs 0.0647 crore. The stock's price band is set at 5%, highlighting its volatility and trading dynamics.

In terms of moving averages, Supreme Infrastructure India Ltd is currently above its 5-day and 200-day averages, although it remains below the 20-day, 50-day, and 100-day averages. The stock's recent performance indicates a trend reversal after two consecutive days of gains, with a 1D return of 2.18%, outpacing the sector's return of 1.48% and the Sensex's return of 0.24%. Overall, the stock's activity today reflects a robust performance amidst fluctuating trading conditions.