Tarsons Products Ltd Experiences High Trading Activity Amid Market Volatility
Tarsons Products Ltd has seen notable trading activity today, reaching its upper circuit limit with significant price movements. The stock exhibited high volatility and a total traded volume of approximately 1.93 lakh shares. Despite fluctuations, it remains above several moving averages, though delivery volume has declined.
Tarsons Products Ltd, a small-cap player in the plastic products industry, has experienced significant trading activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 369.3, reflecting a notable increase of 4.26% from its previous levels. The last traded price was Rs 355.0, marking an absolute change of Rs 53.15, or a percentage change of 17.61%.Throughout the trading session, Tarsons Products demonstrated high volatility, with an intraday volatility of 6.48%. The stock's performance today, however, underperformed its sector by 2.46%. The total traded volume reached approximately 1.93 lakh shares, resulting in a turnover of Rs 6.72 crore.
Despite the fluctuations, the stock remains above its 5-day, 20-day, and 50-day moving averages, although it is below the 100-day and 200-day moving averages. Notably, the delivery volume has seen a decline of 55.03% compared to the 5-day average, indicating a decrease in investor participation.
In summary, Tarsons Products Ltd has shown robust activity today, with significant price movements and trading metrics, reflecting the stock's current market dynamics.
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