Suumaya Industries Ltd Stock Hits Upper Circuit Limit with High Price of Rs. 1.81
Suumaya Industries Ltd, a microcap in the Garments & Apparels sector, saw its stock reach an upper circuit limit of Rs. 1.81, despite a subsequent decline to Rs. 1.69. The trading session featured a volume of approximately 0.10393 lakh shares, showcasing notable volatility in the microcap market.
Suumaya Industries Ltd, a microcap player in the Garments & Apparels sector, has made headlines today as its stock hit the upper circuit limit, reaching a high price of Rs. 1.81. Despite a slight decline in the last traded price to Rs. 1.69, the stock's performance today has been notable, particularly as it achieved this high amidst a trading environment characterized by lower overall sector performance.The stock experienced a total traded volume of approximately 0.10393 lakh shares, resulting in a turnover of around Rs. 0.0018 crore. The price band for the day was set at 5%, indicating a significant movement within the trading session. The intraday low was recorded at Rs. 1.66, which coincidentally marks a new 52-week low for the stock.
Despite underperforming the sector by 2.73% and trading below its moving averages across various time frames, the achievement of hitting the upper circuit limit reflects a moment of activity for Suumaya Industries. Overall, the stock's performance today highlights the volatility and trading dynamics within the microcap segment of the market.
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