Tata Teleservices Stock Hits Upper Circuit Limit with Intraday High of Rs 60.08
Tata Teleservices (Maharashtra) Ltd experienced significant trading activity, reaching its upper circuit limit and achieving an intraday high. The stock has gained for five consecutive days, outperforming its sector. Increased investor participation is evident, with a notable rise in delivery volume compared to the recent average.
Tata Teleservices (Maharashtra) Ltd, a small-cap player in the telecom services industry, has shown remarkable activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 60.08, reflecting a 5% increase from its previous trading session. The last traded price stood at Rs 59.33, marking an absolute change of Rs 2.11, or a percentage change of 3.69%.In terms of trading volume, Tata Teleservices recorded a total traded volume of approximately 44.75 lakh shares, resulting in a turnover of Rs 26.47 crore. The stock has been on a positive trajectory, gaining for the last five consecutive days and achieving a total return of 7.08% during this period.
Additionally, the stock has outperformed its sector by 0.62%, with the telecommunications sector itself gaining 2.38% today. The delivery volume on October 6 saw a significant rise of 57.75% compared to the five-day average, indicating increased investor participation.
Overall, Tata Teleservices (Maharashtra) Ltd has demonstrated strong performance metrics today, reflecting positive momentum in the market.
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