Suumaya Industries Ltd Surges Amid Strong Demand, Outperforming Garments Sector
Suumaya Industries Ltd, a microcap in the Garments & Apparels sector, reached its upper circuit limit today, trading at Rs 3.52. The stock showed strong demand, with a total volume of approximately 0.20388 lakh shares. It outperformed its sector while maintaining positive performance metrics across various moving averages.
Suumaya Industries Ltd, a microcap player in the Garments & Apparels industry, has shown significant activity today, hitting its upper circuit limit with a high price of Rs 3.52. The stock experienced a positive change of Rs 0.16, translating to a 4.76% increase, outperforming its sector by 4.6%. Throughout the trading session, the stock maintained a consistent low price of Rs 3.52, indicating strong demand at this level. The total traded volume reached approximately 0.20388 lakh shares, contributing to a turnover of Rs 0.007176576 crore.
In terms of performance metrics, Suumaya Industries is currently above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. The stock's 1-day return stands at 4.83%, while the broader sector and Sensex reported declines of 0.34% and 0.12%, respectively.
Overall, Suumaya Industries Ltd's performance today reflects a robust trading environment, marked by its ability to reach the upper circuit limit and outperform its sector.
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