Thomas Scott India Ltd Shows Strong Market Position Amid Increased Trading Activity
Thomas Scott India Ltd, a microcap in the Garments & Apparels sector, reached its upper circuit limit today, with significant trading activity. The stock has shown consecutive gains over the past two days, outperforming its sector, while maintaining liquidity despite a decline in delivery volume.
Thomas Scott India Ltd, a microcap player in the Garments & Apparels industry, has shown significant activity today, hitting its upper circuit limit. The stock reached an intraday high of Rs 343.45, reflecting a 5% increase from its previous trading session. This performance marks a notable change of Rs 11.9, translating to a percentage change of 3.64%.The stock's last traded price (LTP) stands at Rs 339.0, with a total traded volume of approximately 0.21236 lakh shares and a turnover of Rs 0.7206 crore. Over the past two days, Thomas Scott India has demonstrated a consecutive gain, accumulating returns of 8.07% during this period, outperforming its sector by 1.5%.
In terms of moving averages, the stock is currently above the 5-day, 20-day, 100-day, and 200-day averages, although it remains below the 50-day moving average. Despite a decline in delivery volume, which fell by 21.32% against the 5-day average, the stock maintains sufficient liquidity for trading.
Overall, Thomas Scott India Ltd's performance today highlights its strong market position within the garments sector, showcasing resilience and upward momentum.
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