Synergy Green Industries Experiences Surge Amid Declining Investor Participation

Mar 24 2025 11:00 AM IST
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Synergy Green Industries Ltd, a microcap in the Castings/Forgings sector, reached its upper circuit limit today, with an intraday high of Rs 417.4. The stock opened positively and is trading above several moving averages, although delivery volume has declined significantly. Overall, it outperformed sector and market indices.
Synergy Green Industries Ltd, a microcap company in the Castings/Forgings industry, has experienced significant activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 417.4, reflecting a notable increase of 4.99% from its previous trading session. The last traded price (LTP) stands at Rs 408.0, marking a change of 10.45 points or 2.63%.

The stock opened with a gain of 2.88% today, indicating positive momentum. Despite a total traded volume of approximately 0.01336 lakh shares and a turnover of Rs 0.05497 crore, the stock's delivery volume has seen a decline of 43.46% compared to the five-day average, suggesting a decrease in investor participation.

In terms of performance metrics, Synergy Green Industries is currently trading above its 5-day, 20-day, and 200-day moving averages, although it remains below the 50-day and 100-day averages. The stock's performance today aligns with sector trends, as it recorded a 1D return of 2.11%, outperforming the sector's return of 1.15% and the Sensex's return of 0.99%. Overall, Synergy Green Industries has demonstrated a robust performance in today's trading session.
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