Tijaria Polypipes Shows Resilience Amid Declining Investor Participation and Active Trading
Tijaria Polypipes Ltd, a microcap in the Plastic Products - Industrial sector, reached its upper circuit limit today, with notable trading activity. The stock demonstrated resilience, outperforming its sector and achieving consecutive gains over three days, despite a decline in investor participation and fluctuating delivery volumes.
Tijaria Polypipes Ltd, a microcap player in the Plastic Products - Industrial sector, has experienced significant activity today, hitting its upper circuit limit with a high price of Rs 8.63. The stock recorded a change of Rs 0.17, reflecting a percentage increase of 2.07%. The last traded price was Rs 8.39, with intraday fluctuations ranging from a low of Rs 8.39 to the noted high.In terms of trading volume, Tijaria Polypipes saw a total traded volume of 0.00314 lakh shares, resulting in a turnover of approximately Rs 0.000264702 crore. The stock has shown resilience, outperforming its sector by 1.45% and achieving a consecutive gain over the last three days, with a total return of 5.01% during this period.
Despite a decline in investor participation, as indicated by a significant drop in delivery volume, Tijaria Polypipes remains above its 5-day, 20-day, 50-day, and 100-day moving averages, although it is below the 200-day moving average. Overall, the stock's performance today highlights its active trading status within the market.
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