Uniinfo Telecom Services Ltd Demonstrates Resilience Amidst Broader Market Decline
Uniinfo Telecom Services Ltd, a microcap in the Telecom - Equipment & Accessories sector, reached its upper circuit limit today, trading at 21.78. The stock demonstrated resilience, outperforming its sector while trading above several moving averages, despite the broader market's decline. Trading volume was approximately 0.00324 lakh shares.
Uniinfo Telecom Services Ltd, a microcap player in the Telecom - Equipment & Accessories industry, has shown significant activity today as it hit its upper circuit limit. The stock reached a high price of 21.78, reflecting a positive change of 0.45, or 2.17% from the previous trading session. The last traded price was noted at 21.2, with a low of 21.2 during the day.In terms of trading volume, approximately 0.00324 lakh shares were exchanged, resulting in a turnover of around 0.000696924 crore. Notably, the stock outperformed its sector by 3.2%, while the broader BSE Small Cap index experienced a decline of 1.12%.
The price summary indicates that Uniinfo Telecom Services is currently trading above its 5-day, 20-day, 50-day, and 100-day moving averages, although it remains below the 200-day moving average. The stock's 1D return stands at 0.96, contrasting with the sector's return of -2.41 and the Sensex's return of -0.73.
Overall, Uniinfo Telecom Services Ltd's performance today highlights its resilience in a challenging market environment, as evidenced by its ability to hit the upper circuit limit.
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