Suumaya Industries Stock Hits Upper Circuit Limit Amid Increased Trading Activity
Suumaya Industries Ltd, a microcap in the textile sector, saw its stock hit the upper circuit limit today, reaching a high of Rs 2.8. The trading activity included a volume of approximately 0.08462 lakh shares, reflecting notable intraday fluctuations and significant market interest.
Suumaya Industries Ltd, a microcap player in the textile industry, has captured attention today as its stock hit the upper circuit limit. The stock reached a high price of Rs 2.8, reflecting a notable increase of 3.37% or an absolute change of Rs 0.09 from its last traded price of Rs 2.76. The stock's performance today has been characterized by a price band of 5%, with intraday fluctuations between a low of Rs 2.55 and the aforementioned high.In terms of trading activity, Suumaya Industries recorded a total traded volume of approximately 0.08462 lakh shares, resulting in a turnover of Rs 0.00225 crore. Despite underperforming its sector by 3.21%, the stock remains above its 20-day moving average, although it is lower than its 5-day, 50-day, 100-day, and 200-day moving averages.
Overall, Suumaya Industries Ltd's performance today highlights significant activity, particularly with its stock hitting the upper circuit limit, indicating a strong intraday movement within the microcap textile sector.
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