Suumaya Industries Ltd Sees Increased Market Activity Amid Textile Sector Momentum
Throughout the trading day, Suumaya Industries experienced a price band of 5%, with intraday fluctuations between a low of Rs 2.51 and the aforementioned high. The total traded volume stood at approximately 0.74055 lakh shares, contributing to a turnover of Rs 0.0194 crore.
In terms of moving averages, the stock is currently positioned higher than the 20-day and 50-day averages, although it remains below the 5-day, 100-day, and 200-day averages. The liquidity of the stock is deemed sufficient for trades sized at Rs 0 crore, based on 2% of the 5-day average traded value.
Overall, Suumaya Industries Ltd's performance today highlights its strong activity in the market, reflecting positive momentum within the textile sector.
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