Swan Defence Experiences Surge in Trading Activity Amid Strong Market Momentum

May 08 2025 10:00 AM IST
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Swan Defence and Heavy Industries Ltd has seen heightened trading activity, reaching its upper circuit limit and achieving a notable intraday high. The stock has gained significantly over the past 21 days and is trading above multiple moving averages, indicating strong market momentum and performance.
Swan Defence and Heavy Industries Ltd, a microcap player in the shipbuilding industry, has experienced significant trading activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 140.37, marking a 5% increase from its previous close. This performance is notable as it has outperformed its sector by 3.53%, reflecting strong momentum in the market.

The stock's last traded price (LTP) stands at Rs 133.69, with a change of Rs 6.36, representing a 4.99% increase. Over the past 21 days, Swan Defence has shown remarkable resilience, gaining 178.24% during this period. Despite some erratic trading patterns, with the stock not trading on one day out of the last 20, it opened today with a gap up of 5%.

In terms of liquidity, the stock has a total traded volume of 0.00258 lakh and a turnover of Rs 0.003449202 crore. Additionally, it is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. Overall, Swan Defence and Heavy Industries Ltd has demonstrated robust performance metrics, solidifying its position in the market.
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