Tolins Tyres Ltd Achieves Significant Stock Surge Amid Broader Market Declines

Apr 03 2025 03:00 PM IST
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Tolins Tyres Ltd, a microcap in the Tyres & Allied industry, saw its stock reach an intraday high of Rs 124.4, outperforming its sector. The trading volume was approximately 0.70212 lakh shares, with a turnover of Rs 0.8539 crore, indicating strong market activity despite a drop in delivery volume.
Tolins Tyres Ltd, a microcap player in the Tyres & Allied industry, has made headlines today as its stock hit the upper circuit limit, reaching an intraday high of Rs 124.4. This marks a significant increase of 5.92 points, translating to a 5% change from the previous trading session. The stock's performance has notably outperformed its sector by 6.53%, while the broader market indices, including the Sensex, experienced declines.

During today's trading, Tolins Tyres recorded a total traded volume of approximately 0.70212 lakh shares, resulting in a turnover of Rs 0.8539 crore. The stock's low for the day was Rs 114.85, indicating a range of activity within the established price band of 5%.

In terms of moving averages, the stock is currently above its 5-day and 20-day averages, although it remains below the 50-day, 100-day, and 200-day averages. Despite a notable drop in delivery volume, which has decreased by 93.03% against the 5-day average, the stock remains liquid enough for trading activities.

Overall, Tolins Tyres Ltd has demonstrated robust performance today, reflecting strong market activity and positioning within its sector.
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