Tijaria Polypipes Stock Hits Upper Circuit Limit at High Price of Rs 6.97
Tijaria Polypipes Ltd, a microcap in the Plastic Products - Industrial sector, reached its upper circuit limit today, outperforming its sector and the broader market. The stock saw notable trading volume and turnover, despite a decline in delivery volume. It remains above short-term moving averages, indicating resilience.
Tijaria Polypipes Ltd, a microcap player in the Plastic Products - Industrial sector, has shown significant activity today as it reached its upper circuit limit. The stock recorded a high price of 6.97, reflecting a positive change of 0.18, or 2.84%, from its last traded price of 6.52. This performance is noteworthy as it outperformed its sector by 6.7%, while the broader market, represented by the Sensex, posted a modest gain of 0.25%.The stock's trading activity included a total volume of 0.3229 lakh shares, resulting in a turnover of approximately Rs 0.0218 crore. The price band for Tijaria Polypipes is set at 10%, indicating a robust trading environment. Despite a decline in delivery volume, which fell by 59.8% compared to the five-day average, the stock remains liquid enough for trading.
In terms of moving averages, Tijaria Polypipes is currently above its 5-day and 20-day averages, although it lags behind the 50-day, 100-day, and 200-day averages. Overall, Tijaria Polypipes Ltd's performance today highlights its resilience in a challenging market environment.
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